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

CDNS — oversold signal, 04 Feb

long term
RSI(2)17.7
RSI(14)28.1
Close $ · flag day271.42
Off 20-day high−17.4%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
04 Feb271.42285.63+0.0%
05 Feb270.14279.12-0.5%
06 Feb283.52276.55+4.5%
09 Feb291.00276.92+7.2%
10 Feb299.00283.02+10.2%
11 Feb299.65288.66+10.4%
12 Feb288.33292.30+6.2%
13 Feb299.46295.49+10.3%
17 Feb283.46293.98+4.4%
18 Feb305.01295.18+12.4%
19 Feb296.59294.57+9.3%

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 04 Feb. The freshest lists go out in the daily alert at 21:30 CET.