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

CDNS — oversold signal, 03 Feb

long term
RSI(2)0.8
RSI(14)25.6
Close $ · flag day268.50
Off 20-day high−18.3%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
03 Feb268.50295.44+0.0%
04 Feb271.42285.63+1.1%
05 Feb270.14279.12+0.6%
06 Feb283.52276.55+5.6%
09 Feb291.00276.92+8.4%
10 Feb299.00283.02+11.4%
11 Feb299.65288.66+11.6%
12 Feb288.33292.30+7.4%
13 Feb299.46295.49+11.5%
17 Feb283.46293.98+5.6%
18 Feb305.01295.18+13.6%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 03 Feb. The freshest lists go out in the daily alert at 21:30 CET.