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

BMY — oversold signal, 20 Mar

short term
RSI(2)3.1
RSI(14)38.0
Close $ · flag day57.48
Off 20-day high−8.6%
Avg volume15.2M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar57.4858.88+0.0%
23 Mar57.0058.33-0.8%
24 Mar57.3957.87-0.2%
25 Mar58.9457.78+2.5%
26 Mar59.4358.05+3.4%
27 Mar58.5458.26+1.8%
30 Mar59.7358.81+3.9%
31 Mar60.6559.46+5.5%
01 Apr61.7360.02+7.4%
02 Apr59.6060.05+3.7%
06 Apr59.3360.21+3.2%

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 20 Mar. The freshest lists go out in the daily alert at 21:30 CET.