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

APA — oversold signal, 07 May

short term
RSI(2)6.8
RSI(14)42.3
Close $ · flag day36.24
Off 20-day high−13.9%
Avg volume6.9M

What followed

DateClose $ 5-day avg.vs flag close
07 May36.2439.63+0.0%
08 May35.5638.72-1.9%
11 May36.7037.66+1.3%
12 May37.0936.78+2.3%
13 May36.9736.51+2.0%
14 May37.1136.69+2.4%
15 May38.9837.37+7.6%
18 May40.1538.06+10.8%
19 May40.9138.82+12.9%
20 May39.3239.29+8.5%
21 May38.3439.54+5.8%

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