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

AME — oversold signal, 18 May

short term
RSI(2)5.1
RSI(14)43.5
Close $ · flag day225.66
Off 20-day high−7.2%
Avg volume1.4M

What followed

DateClose $ 5-day avg.vs flag close
18 May225.66229.66+0.0%
19 May221.28227.68-1.9%
20 May224.71226.34-0.4%
21 May223.17224.54-1.1%
22 May224.52223.87-0.5%
26 May229.44224.62+1.7%
27 May226.38225.64+0.3%
28 May225.45225.79-0.1%
29 May225.85226.33+0.1%
01 Jun223.36226.10-1.0%
02 Jun227.73225.75+0.9%

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.