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

ARES — oversold signal, 12 Mar

long term
RSI(2)0.9
RSI(14)23.3
Close $ · flag day96.50
Off 20-day high−30.6%
Avg volume4.3M

What followed

DateClose $ 5-day avg.vs flag close
12 Mar96.50105.50+0.0%
13 Mar101.76103.85+5.5%
16 Mar100.51102.18+4.2%
17 Mar105.67101.58+9.5%
18 Mar105.97102.08+9.8%
19 Mar107.99104.38+11.9%
20 Mar105.87105.20+9.7%
23 Mar107.12106.52+11.0%
24 Mar106.04106.60+9.9%
25 Mar106.50106.70+10.4%
26 Mar107.92106.69+11.8%

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