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

CDW — oversold signal, 15 May

long term
RSI(2)53.5
RSI(14)28.1
Close $ · flag day102.07
Off 20-day high−28.9%
Avg volume2.3M

What followed

DateClose $ 5-day avg.vs flag close
15 May102.07101.29+0.0%
18 May104.04101.59+1.9%
19 May104.35102.60+2.2%
20 May106.21103.77+4.1%
21 May106.88104.71+4.7%
22 May110.82106.46+8.6%
26 May108.59107.37+6.4%
27 May114.19109.34+11.9%
28 May116.16111.33+13.8%
29 May125.45115.04+22.9%
01 Jun140.98121.07+38.1%

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 15 May. The freshest lists go out in the daily alert at 21:30 CET.