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

STLD — oversold signal, 23 Jun

short term
RSI(2)5.8
RSI(14)41.8
Close $ · flag day243.69
Off 20-day high−15.6%
Avg volume1.4M

What followed

DateClose $ 5-day avg.vs flag close
23 Jun243.69257.80+0.0%
24 Jun241.43251.23-0.9%
25 Jun251.00247.40+3.0%
26 Jun245.49246.52+0.7%
29 Jun234.22243.17-3.9%
30 Jun229.46240.32-5.8%
01 Jul221.76236.39-9.0%
02 Jul220.39230.26-9.6%
06 Jul227.07226.58-6.8%
07 Jul229.62225.66-5.8%
08 Jul228.76225.52-6.1%

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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From the oversold list of 23 Jun. The freshest lists go out in the daily alert at 21:30 CET.