updated 2026-07-24 14:52 UTC
BMY — oversold signal, 12 Mar
short term
RSI(2) 4.5
RSI(14) 45.3
Close $ · flag day 58.95
Off 20-day high −6.3%
Avg volume 12.5M
What followed
Date Close $
5-day avg. vs flag close 12 Mar 58.95 60.00 +0.0% 13 Mar 59.08 59.75 +0.2% 16 Mar 59.71 59.57 +1.3% 17 Mar 59.71 59.49 +1.3% 18 Mar 59.37 59.36 +0.7% 19 Mar 58.11 59.20 -1.4% 20 Mar 57.48 58.88 -2.5% 23 Mar 57.00 58.33 -3.3% 24 Mar 57.39 57.87 -2.6% 25 Mar 58.94 57.78 -0.0% 26 Mar 59.43 58.05 +0.8%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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