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

CFG — oversold signal, 13 May

short term
RSI(2)2.4
RSI(14)36.9
Close $ · flag day60.43
Off 20-day high−9.6%
Avg volume4.7M

What followed

DateClose $ 5-day avg.vs flag close
13 May60.4362.50+0.0%
14 May61.1861.89+1.2%
15 May60.8661.32+0.7%
18 May61.1661.12+1.2%
19 May61.3360.99+1.5%
20 May62.8361.47+4.0%
21 May62.7861.79+3.9%
22 May62.8962.20+4.1%
26 May63.6562.70+5.3%
27 May63.0863.05+4.4%
28 May62.4162.96+3.3%

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