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

AMAT — oversold signal, 18 May

short term
RSI(2)8.5
RSI(14)52.2
Close $ · flag day413.57
Off 20-day high−7.8%
Avg volume7.5M

What followed

DateClose $ 5-day avg.vs flag close
18 May413.57431.71+0.0%
19 May406.91426.85-1.6%
20 May426.85424.90+3.2%
21 May427.36422.26+3.3%
22 May432.16421.37+4.5%
26 May454.89429.63+10.0%
27 May448.25437.90+8.4%
28 May449.68442.47+8.7%
29 May450.06447.01+8.8%
01 Jun458.17452.21+10.8%
02 Jun490.05459.24+18.5%

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