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

CIEN — oversold signal, 18 May

short term
RSI(2)9.0
RSI(14)50.9
Close $ · flag day524.53
Off 20-day high−12.4%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
18 May524.53565.12+0.0%
19 May541.92558.08+3.3%
20 May554.76553.45+5.8%
21 May587.23552.58+12.0%
22 May583.74558.44+11.3%
26 May602.39574.01+14.8%
27 May582.08582.04+11.0%
28 May570.18585.12+8.7%
29 May580.23583.72+10.6%
01 Jun569.61580.90+8.6%
02 Jun627.00585.82+19.5%

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