updated 2026-07-24 14:52 UTC
BMY — oversold signal, 28 May
short term
RSI(2) 6.8
RSI(14) 44.3
Close $ · flag day 56.91
Off 20-day high −6.4%
Avg volume 10.6M
What followed
Date Close $
5-day avg. vs flag close 28 May 56.91 58.29 +0.0% 29 May 57.18 57.82 +0.5% 01 Jun 54.95 56.92 -3.4% 02 Jun 54.46 56.20 -4.3% 03 Jun 54.72 55.64 -3.8% 04 Jun 56.60 55.58 -0.5% 05 Jun 57.27 55.60 +0.6% 08 Jun 55.57 55.72 -2.4% 09 Jun 56.48 56.13 -0.8% 10 Jun 55.60 56.30 -2.3% 11 Jun 56.90 56.36 -0.0%
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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