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

ARES — oversold signal, 29 Jun

long term
RSI(2)0.4
RSI(14)29.8
Close $ · flag day107.60
Off 20-day high−24.2%
Avg volume2.7M

What followed

DateClose $ 5-day avg.vs flag close
29 Jun107.60112.77+0.0%
30 Jun111.31110.88+3.4%
01 Jul113.63110.83+5.6%
02 Jul116.90111.71+8.6%
06 Jul121.83114.25+13.2%
07 Jul120.70116.87+12.2%
08 Jul118.00118.21+9.7%
09 Jul121.66119.82+13.1%
10 Jul121.81120.80+13.2%
13 Jul120.45120.52+11.9%
14 Jul120.30120.44+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 29 Jun. The freshest lists go out in the daily alert at 21:30 CET.