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

BMY — oversold signal, 11 May

short term
RSI(2)3.1
RSI(14)38.2
Close $ · flag day55.67
Off 20-day high−8.4%
Avg volume10.2M

What followed

DateClose $ 5-day avg.vs flag close
11 May55.6756.32+0.0%
12 May56.4556.22+1.4%
13 May56.3956.18+1.3%
14 May56.7756.29+2.0%
15 May57.0056.46+2.4%
18 May57.3156.78+2.9%
19 May58.3157.16+4.7%
20 May58.5457.59+5.2%
21 May59.5558.14+7.0%
22 May59.4658.63+6.8%
26 May58.0358.78+4.2%

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