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

CDNS — oversold signal, 16 Jul

short term
RSI(2)3.9
RSI(14)42.2
Close $ · flag day364.65
Off 20-day high−9.6%
Avg volume2.3M

What followed

DateClose $ 5-day avg.vs flag close
16 Jul364.65375.01+0.0%
17 Jul330.11364.20-9.5%

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 16 Jul. The freshest lists go out in the daily alert at 21:30 CET.