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

STLD — oversold signal, 01 Jul

short term
RSI(2)4.2
RSI(14)32.9
Close $ · flag day221.76
Off 20-day high−23.2%
Avg volume1.4M

What followed

DateClose $ 5-day avg.vs flag close
01 Jul221.76236.39+0.0%
02 Jul220.39230.26-0.6%
06 Jul227.07226.58+2.4%
07 Jul229.62225.66+3.5%
08 Jul228.76225.52+3.2%
09 Jul222.06225.58+0.1%
10 Jul228.42227.19+3.0%
13 Jul234.14228.60+5.6%
14 Jul233.35229.35+5.2%
15 Jul235.56230.71+6.2%
16 Jul234.98233.29+6.0%

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 01 Jul. The freshest lists go out in the daily alert at 21:30 CET.