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

NUE — oversold signal, 18 Jun

short term
RSI(2)5.0
RSI(14)48.8
Close $ · flag day243.83
Off 20-day high−10.0%
Avg volume1.7M

What followed

DateClose $ 5-day avg.vs flag close
18 Jun243.83256.24+0.0%
22 Jun244.93251.95+0.5%
23 Jun239.63248.01-1.7%
24 Jun240.52244.30-1.4%
25 Jun248.89243.56+2.1%
26 Jun239.78242.75-1.7%
29 Jun228.58239.48-6.3%
30 Jun222.75236.10-8.6%
01 Jul219.02231.80-10.2%
02 Jul220.75226.18-9.5%
06 Jul223.92223.00-8.2%

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