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

CHRW — oversold signal, 13 May

short term
RSI(2)5.1
RSI(14)38.4
Close $ · flag day163.26
Off 20-day high−14.1%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
13 May163.26168.64+0.0%
14 May159.78166.32-2.1%
15 May163.59164.76+0.2%
18 May169.72164.71+4.0%
19 May173.02165.87+6.0%
20 May180.64169.35+10.6%
21 May178.13173.02+9.1%
22 May174.23175.15+6.7%
26 May177.91176.79+9.0%
27 May176.49177.48+8.1%
28 May175.41176.43+7.4%

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