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

CIEN — oversold signal, 22 Jan

short term
RSI(2)7.4
RSI(14)49.2
Close $ · flag day230.03
Off 20-day high−11.9%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
22 Jan230.03238.07+0.0%
23 Jan229.14235.14-0.4%
26 Jan232.23232.90+1.0%
27 Jan247.52234.16+7.6%
28 Jan257.30239.24+11.9%
29 Jan253.53243.94+10.2%
30 Jan251.81248.48+9.5%
02 Feb268.49255.73+16.7%
03 Feb276.52261.53+20.2%
04 Feb253.50260.77+10.2%
05 Feb252.98260.66+10.0%

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 22 Jan. The freshest lists go out in the daily alert at 21:30 CET.