updated 2026-07-24 14:52 UTC
BMY — oversold signal, 23 Mar
short term
RSI(2) 1.9
RSI(14) 35.8
Close $ · flag day 57.00
Off 20-day high −9.4%
Avg volume 15.1M
What followed
Date Close $
5-day avg. vs flag close 23 Mar 57.00 58.33 +0.0% 24 Mar 57.39 57.87 +0.7% 25 Mar 58.94 57.78 +3.4% 26 Mar 59.43 58.05 +4.3% 27 Mar 58.54 58.26 +2.7% 30 Mar 59.73 58.81 +4.8% 31 Mar 60.65 59.46 +6.4% 01 Apr 61.73 60.02 +8.3% 02 Apr 59.60 60.05 +4.6% 06 Apr 59.33 60.21 +4.1% 07 Apr 57.67 59.80 +1.2%
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.
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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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