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

ARES — oversold signal, 04 Feb

long term
RSI(2)40.2
RSI(14)29.1
Close $ · flag day137.22
Off 20-day high−22.8%
Avg volume2.9M

What followed

DateClose $ 5-day avg.vs flag close
04 Feb137.22143.33+0.0%
05 Feb121.87137.37-11.2%
06 Feb130.46133.52-4.9%
09 Feb137.25131.68+0.0%
10 Feb136.99132.76-0.2%
11 Feb137.38132.79+0.1%
12 Feb133.94135.20-2.4%
13 Feb133.88135.89-2.4%
17 Feb130.41134.52-5.0%
18 Feb133.97133.92-2.4%
19 Feb129.85132.41-5.4%

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