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

AMAT — oversold signal, 07 Jul

short term
RSI(2)6.5
RSI(14)48.1
Close $ · flag day554.50
Off 20-day high−25.0%
Avg volume13.2M

What followed

DateClose $ 5-day avg.vs flag close
07 Jul554.50624.85+0.0%
08 Jul570.50594.35+2.9%
09 Jul588.66581.90+6.2%
10 Jul602.50581.79+8.7%
13 Jul575.39578.31+3.8%
14 Jul595.70586.55+7.4%
15 Jul579.43588.34+4.5%
16 Jul560.93582.79+1.2%
17 Jul529.66568.22-4.5%

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