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

NUE — oversold signal, 18 Mar

short term
RSI(2)3.0
RSI(14)30.1
Close $ · flag day161.16
Off 20-day high−12.6%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
18 Mar161.16163.03+0.0%
19 Mar161.95162.28+0.5%
20 Mar158.58161.30-1.6%
23 Mar160.62160.88-0.3%
24 Mar162.74161.01+1.0%
25 Mar165.17161.81+2.5%
26 Mar166.01162.62+3.0%
27 Mar163.37163.58+1.4%
30 Mar164.75164.41+2.2%
31 Mar169.10165.68+4.9%
01 Apr173.72167.39+7.8%

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

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From the oversold list of 18 Mar. The freshest lists go out in the daily alert at 21:30 CET.