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

NUE — oversold signal, 23 Jun

short term
RSI(2)7.8
RSI(14)45.4
Close $ · flag day239.63
Off 20-day high−11.5%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
23 Jun239.63248.01+0.0%
24 Jun240.52244.30+0.4%
25 Jun248.89243.56+3.9%
26 Jun239.78242.75+0.1%
29 Jun228.58239.48-4.6%
30 Jun222.75236.10-7.0%
01 Jul219.02231.80-8.6%
02 Jul220.75226.18-7.9%
06 Jul223.92223.00-6.6%
07 Jul227.42222.77-5.1%
08 Jul226.68223.56-5.4%

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