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

NUE — oversold signal, 01 Jul

short term
RSI(2)5.0
RSI(14)34.1
Close $ · flag day219.02
Off 20-day high−19.2%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
01 Jul219.02231.80+0.0%
02 Jul220.75226.18+0.8%
06 Jul223.92223.00+2.2%
07 Jul227.42222.77+3.8%
08 Jul226.68223.56+3.5%
09 Jul222.28224.21+1.5%
10 Jul227.37225.53+3.8%
13 Jul233.00227.35+6.4%
14 Jul234.16228.70+6.9%
15 Jul236.87230.74+8.1%
16 Jul235.67233.41+7.6%

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