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

BMY — oversold signal, 07 May

short term
RSI(2)9.9
RSI(14)40.4
Close $ · flag day56.25
Off 20-day high−7.5%
Avg volume10.2M

What followed

DateClose $ 5-day avg.vs flag close
07 May56.2557.08+0.0%
08 May56.1656.67-0.2%
11 May55.6756.32-1.0%
12 May56.4556.22+0.4%
13 May56.3956.18+0.2%
14 May56.7756.29+0.9%
15 May57.0056.46+1.3%
18 May57.3156.78+1.9%
19 May58.3157.16+3.7%
20 May58.5457.59+4.1%
21 May59.5558.14+5.9%

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 07 May. The freshest lists go out in the daily alert at 21:30 CET.