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

BRO — oversold signal, 12 May

long term
RSI(2)36.7
RSI(14)28.3
Close $ · flag day55.77
Off 20-day high−19.5%
Avg volume3.4M

What followed

DateClose $ 5-day avg.vs flag close
12 May55.7756.44+0.0%
13 May54.3856.00-2.5%
14 May55.7855.55+0.0%
15 May56.2855.51+0.9%
18 May58.6956.18+5.2%
19 May58.0956.64+4.2%
20 May57.4357.25+3.0%
21 May58.5257.80+4.9%
22 May57.8258.11+3.7%
26 May56.9957.77+2.2%
27 May56.8157.51+1.9%

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