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

ARES — oversold signal, 02 Feb

long term
RSI(2)10.4
RSI(14)29.1
Close $ · flag day146.47
Off 20-day high−17.6%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
02 Feb146.47149.40+0.0%
03 Feb131.60145.85-10.2%
04 Feb137.22143.33-6.3%
05 Feb121.87137.37-16.8%
06 Feb130.46133.52-10.9%
09 Feb137.25131.68-6.3%
10 Feb136.99132.76-6.5%
11 Feb137.38132.79-6.2%
12 Feb133.94135.20-8.6%
13 Feb133.88135.89-8.6%
17 Feb130.41134.52-11.0%

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