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

ARE — oversold signal, 02 Apr

long term
RSI(2)4.9
RSI(14)28.3
Close $ · flag day43.23
Off 20-day high−16.6%
Avg volume2.4M

What followed

DateClose $ 5-day avg.vs flag close
02 Apr43.2345.05+0.0%
06 Apr43.0544.46-0.4%
07 Apr44.1344.02+2.1%
08 Apr44.8443.71+3.7%
09 Apr43.9943.85+1.8%
10 Apr42.6143.72-1.4%
13 Apr43.7543.86+1.2%
14 Apr45.3944.12+5.0%
15 Apr47.6144.67+10.1%
16 Apr47.9545.46+10.9%
17 Apr48.6346.67+12.5%

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