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

NUE — oversold signal, 20 Mar

short termlong term
RSI(2)9.5
RSI(14)28.5
Close $ · flag day158.58
Off 20-day high−12.5%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar158.58161.30+0.0%
23 Mar160.62160.88+1.3%
24 Mar162.74161.01+2.6%
25 Mar165.17161.81+4.2%
26 Mar166.01162.62+4.7%
27 Mar163.37163.58+3.0%
30 Mar164.75164.41+3.9%
31 Mar169.10165.68+6.6%
01 Apr173.72167.39+9.5%
02 Apr172.46168.68+8.8%
06 Apr169.59169.92+6.9%

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 20 Mar. The freshest lists go out in the daily alert at 21:30 CET.