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

AMAT — oversold signal, 19 May

short term
RSI(2)5.8
RSI(14)49.8
Close $ · flag day406.91
Off 20-day high−9.3%
Avg volume7.7M

What followed

DateClose $ 5-day avg.vs flag close
19 May406.91426.85+0.0%
20 May426.85424.90+4.9%
21 May427.36422.26+5.0%
22 May432.16421.37+6.2%
26 May454.89429.63+11.8%
27 May448.25437.90+10.2%
28 May449.68442.47+10.5%
29 May450.06447.01+10.6%
01 Jun458.17452.21+12.6%
02 Jun490.05459.24+20.4%
03 Jun500.77469.75+23.1%

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