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

BMY — oversold signal, 27 Apr

short term
RSI(2)7.6
RSI(14)43.6
Close $ · flag day57.78
Off 20-day high−7.2%
Avg volume9.7M

What followed

DateClose $ 5-day avg.vs flag close
27 Apr57.7858.74+0.0%
28 Apr58.2658.51+0.8%
29 Apr57.5958.27-0.3%
30 Apr60.5958.59+4.9%
01 May58.2258.49+0.8%
04 May57.3858.41-0.7%
05 May56.9558.15-1.4%
06 May56.5957.95-2.1%
07 May56.2557.08-2.6%
08 May56.1656.67-2.8%
11 May55.6756.32-3.7%

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 27 Apr. The freshest lists go out in the daily alert at 21:30 CET.