NUE — oversold signal, 20 Aug
RSI(2)2.6
RSI(14)37.1
Close $ · flag day240.48
Off 20-day high−14.1%
Avg volume1.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Aug | 240.48 | 259.00 | +0.0% |
| 21 Aug | 243.63 | 253.94 | +1.3% |
| 24 Aug | 244.64 | 248.34 | +1.7% |
| 25 Aug | 247.55 | 245.01 | +2.9% |
| 26 Aug | 252.80 | 245.82 | +5.1% |
| 27 Aug | 252.37 | 248.20 | +4.9% |
| 28 Aug | 250.50 | 249.57 | +4.2% |
| 31 Aug | 249.64 | 250.57 | +3.8% |
| 01 Sep | 251.92 | 251.45 | +4.8% |
| 02 Sep | 263.97 | 253.68 | +9.8% |
| 03 Sep | 262.47 | 255.70 | +9.1% |
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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