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

CDNS — oversold signal, 24 Jun

short term
RSI(2)5.4
RSI(14)47.2
Close $ · flag day372.40
Off 20-day high−10.6%
Avg volume2.8M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
24 Jun372.40383.50+0.0%
25 Jun368.23379.22-1.1%
26 Jun377.27377.20+1.3%
29 Jun372.72373.94+0.1%
30 Jun375.32373.19+0.8%
01 Jul377.73374.25+1.4%
02 Jul373.14375.24+0.2%
06 Jul375.77374.94+0.9%
07 Jul371.06374.60-0.4%
08 Jul374.06374.35+0.4%
09 Jul385.95376.00+3.6%

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 24 Jun. The freshest lists go out in the daily alert at 21:30 CET.