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

ALGN — oversold signal, 14 May

short term
RSI(2)9.3
RSI(14)34.7
Close $ · flag day160.53
Off 20-day high−19.9%
Avg volume1.0M

What followed

DateClose $ 5-day avg.vs flag close
14 May160.53164.29+0.0%
15 May157.25161.99-2.0%
18 May158.78160.82-1.1%
19 May155.16158.69-3.3%
20 May163.38159.02+1.8%
21 May163.04159.52+1.6%
22 May163.61160.79+1.9%
26 May163.55161.75+1.9%
27 May162.88163.29+1.5%
28 May173.25165.27+7.9%
29 May174.95167.65+9.0%

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