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

CFG — oversold signal, 12 May

short term
RSI(2)7.5
RSI(14)42.5
Close $ · flag day61.95
Off 20-day high−7.3%
Avg volume4.7M

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

What followed

DateClose $ 5-day avg.vs flag close
12 May61.9563.54+0.0%
13 May60.4362.50-2.5%
14 May61.1861.89-1.2%
15 May60.8661.32-1.8%
18 May61.1661.12-1.3%
19 May61.3360.99-1.0%
20 May62.8361.47+1.4%
21 May62.7861.79+1.3%
22 May62.8962.20+1.5%
26 May63.6562.70+2.7%
27 May63.0863.05+1.8%

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