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

CBOE — oversold signal, 29 May

short term
RSI(2)2.4
RSI(14)46.4
Close $ · flag day333.56
Off 20-day high−10.1%
Avg volume1.1M

What followed

DateClose $ 5-day avg.vs flag close
29 May333.56347.47+0.0%
01 Jun300.99336.19-9.8%
02 Jun275.59320.41-17.4%
03 Jun285.10307.90-14.5%
04 Jun286.03296.25-14.2%
05 Jun281.91285.92-15.5%
08 Jun280.32281.79-16.0%
09 Jun290.60284.79-12.9%
10 Jun301.08287.99-9.7%
11 Jun295.90289.96-11.3%
12 Jun294.91292.56-11.6%

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