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

BRO — oversold signal, 06 May

long term
RSI(2)0.3
RSI(14)24.0
Close $ · flag day56.56
Off 20-day high−18.3%
Avg volume2.9M

What followed

DateClose $ 5-day avg.vs flag close
06 May56.5657.90+0.0%
07 May58.0557.48+2.6%
08 May56.4557.24-0.2%
11 May55.3556.78-2.1%
12 May55.7756.44-1.4%
13 May54.3856.00-3.9%
14 May55.7855.55-1.4%
15 May56.2855.51-0.5%
18 May58.6956.18+3.8%
19 May58.0956.64+2.7%
20 May57.4357.25+1.5%

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