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

AMZN — oversold signal, 19 May

short term
RSI(2)8.7
RSI(14)51.9
Close $ · flag day259.34
Off 20-day high−6.9%
Avg volume45.4M

What followed

DateClose $ 5-day avg.vs flag close
19 May259.34265.14+0.0%
20 May265.01264.11+2.2%
21 May268.46264.36+3.5%
22 May266.32264.80+2.7%
26 May265.29264.88+2.3%
27 May271.85267.39+4.8%
28 May274.00269.18+5.7%
29 May270.64269.62+4.4%
01 Jun261.26268.61+0.7%
02 Jun256.52266.85-1.1%
03 Jun250.02262.49-3.6%

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.