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

BRO — oversold signal, 08 May

long term
RSI(2)27.4
RSI(14)28.2
Close $ · flag day56.45
Off 20-day high−18.5%
Avg volume3.1M

What followed

DateClose $ 5-day avg.vs flag close
08 May56.4557.24+0.0%
11 May55.3556.78-1.9%
12 May55.7756.44-1.2%
13 May54.3856.00-3.7%
14 May55.7855.55-1.2%
15 May56.2855.51-0.3%
18 May58.6956.18+4.0%
19 May58.0956.64+2.9%
20 May57.4357.25+1.7%
21 May58.5257.80+3.7%
22 May57.8258.11+2.4%

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