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

CFG — oversold signal, 11 May

short term
RSI(2)8.8
RSI(14)43.3
Close $ · flag day62.16
Off 20-day high−7.0%
Avg volume4.7M

What followed

DateClose $ 5-day avg.vs flag close
11 May62.1664.02+0.0%
12 May61.9563.54-0.3%
13 May60.4362.50-2.8%
14 May61.1861.89-1.6%
15 May60.8661.32-2.1%
18 May61.1661.12-1.6%
19 May61.3360.99-1.3%
20 May62.8361.47+1.1%
21 May62.7861.79+1.0%
22 May62.8962.20+1.2%
26 May63.6562.70+2.4%

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