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

STLD — oversold signal, 19 May

short term
RSI(2)4.1
RSI(14)51.8
Close $ · flag day223.37
Off 20-day high−8.4%
Avg volume1.1M

What followed

DateClose $ 5-day avg.vs flag close
19 May223.37230.61+0.0%
20 May228.30228.85+2.2%
21 May231.84228.29+3.8%
22 May240.03230.42+7.5%
26 May250.49234.81+12.1%
27 May258.22241.78+15.6%
28 May260.75248.27+16.7%
29 May260.15253.93+16.5%
01 Jun261.59258.24+17.1%
02 Jun271.41262.42+21.5%
03 Jun275.13265.81+23.2%

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 19 May. The freshest lists go out in the daily alert at 21:30 CET.