Closing Note
updated 2026-07-24 14:52 UTC

NUE — oversold signal, 17 Mar

short term
RSI(2)5.1
RSI(14)31.1
Close $ · flag day162.08
Off 20-day high−13.5%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
17 Mar162.08165.16+0.0%
18 Mar161.16163.03-0.6%
19 Mar161.95162.28-0.1%
20 Mar158.58161.30-2.2%
23 Mar160.62160.88-0.9%
24 Mar162.74161.01+0.4%
25 Mar165.17161.81+1.9%
26 Mar166.01162.62+2.4%
27 Mar163.37163.58+0.8%
30 Mar164.75164.41+1.6%
31 Mar169.10165.68+4.3%

The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.

Research chart

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 17 Mar. The freshest lists go out in the daily alert at 21:30 CET.