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

BAC — oversold signal, 24 Feb

short term
RSI(2)6.4
RSI(14)34.3
Close $ · flag day50.41
Off 20-day high−11.4%
Avg volume40.2M

What followed

DateClose $ 5-day avg.vs flag close
24 Feb50.4152.13+0.0%
25 Feb51.6951.80+2.5%
26 Feb52.3051.71+3.7%
27 Feb49.8351.06-1.2%
02 Mar49.8150.81-1.2%
03 Mar49.9750.72-0.9%
04 Mar50.3050.44-0.2%
05 Mar49.8149.94-1.2%
06 Mar48.6449.71-3.5%
09 Mar47.9049.32-5.0%
10 Mar48.5649.04-3.7%

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