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

STLD — oversold signal, 06 Mar

short term
RSI(2)4.6
RSI(14)41.4
Close $ · flag day181.61
Off 20-day high−12.9%
Avg volume1.2M

What followed

DateClose $ 5-day avg.vs flag close
06 Mar181.61192.89+0.0%
09 Mar182.36189.06+0.4%
10 Mar182.19186.01+0.3%
11 Mar184.26184.08+1.5%
12 Mar175.10181.10-3.6%
13 Mar170.60178.90-6.1%
16 Mar174.28177.29-4.0%
17 Mar172.63175.37-4.9%
18 Mar168.75172.27-7.1%
19 Mar167.56170.76-7.7%
20 Mar163.95169.43-9.7%

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