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

CDNS — oversold signal, 25 Jun

short term
RSI(2)3.3
RSI(14)45.2
Close $ · flag day368.23
Off 20-day high−11.6%
Avg volume2.7M

What followed

DateClose $ 5-day avg.vs flag close
25 Jun368.23379.22+0.0%
26 Jun377.27377.20+2.5%
29 Jun372.72373.94+1.2%
30 Jun375.32373.19+1.9%
01 Jul377.73374.25+2.6%
02 Jul373.14375.24+1.3%
06 Jul375.77374.94+2.0%
07 Jul371.06374.60+0.8%
08 Jul374.06374.35+1.6%
09 Jul385.95376.00+4.8%
10 Jul384.17378.20+4.3%

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

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From the oversold list of 25 Jun. The freshest lists go out in the daily alert at 21:30 CET.