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

BAC — oversold signal, 23 Feb

short term
RSI(2)9.8
RSI(14)36.7
Close $ · flag day51.07
Off 20-day high−10.2%
Avg volume38.9M

What followed

DateClose $ 5-day avg.vs flag close
23 Feb51.0752.60+0.0%
24 Feb50.4152.13-1.3%
25 Feb51.6951.80+1.2%
26 Feb52.3051.71+2.4%
27 Feb49.8351.06-2.4%
02 Mar49.8150.81-2.5%
03 Mar49.9750.72-2.2%
04 Mar50.3050.44-1.5%
05 Mar49.8149.94-2.5%
06 Mar48.6449.71-4.8%
09 Mar47.9049.32-6.2%

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