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

APA — oversold signal, 08 May

short term
RSI(2)5.1
RSI(14)40.5
Close $ · flag day35.56
Off 20-day high−15.5%
Avg volume7.1M

What followed

DateClose $ 5-day avg.vs flag close
08 May35.5638.72+0.0%
11 May36.7037.66+3.2%
12 May37.0936.78+4.3%
13 May36.9736.51+4.0%
14 May37.1136.69+4.4%
15 May38.9837.37+9.6%
18 May40.1538.06+12.9%
19 May40.9138.82+15.0%
20 May39.3239.29+10.6%
21 May38.3439.54+7.8%
22 May38.8039.50+9.1%

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