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

AVGO — oversold signal, 28 Apr

short term
RSI(2)9.4
RSI(14)62.2
Close $ · flag day399.83
Off 20-day high−6.9%
Avg volume22.5M

What followed

DateClose $ 5-day avg.vs flag close
28 Apr399.83416.68+0.0%
29 Apr405.45413.24+1.4%
30 Apr417.43412.73+4.4%
01 May421.28412.44+5.4%
04 May416.50412.10+4.2%
05 May427.36417.60+6.9%
06 May425.44421.60+6.4%
07 May412.56420.63+3.2%
08 May430.00422.37+7.5%
11 May428.43424.76+7.2%
12 May419.30423.15+4.9%

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