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

STLD — oversold signal, 20 Mar

short term
RSI(2)4.2
RSI(14)31.0
Close $ · flag day163.95
Off 20-day high−18.7%
Avg volume1.2M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar163.95169.43+0.0%
23 Mar166.64167.91+1.6%
24 Mar169.70167.32+3.5%
25 Mar173.47168.26+5.8%
26 Mar174.42169.64+6.4%
27 Mar170.97171.04+4.3%
30 Mar171.78172.07+4.8%
31 Mar180.00174.13+9.8%
01 Apr182.85176.00+11.5%
02 Apr180.20177.16+9.9%
06 Apr176.53178.27+7.7%

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