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

CIEN — oversold signal, 08 Jun

short term
RSI(2)5.3
RSI(14)37.8
Close $ · flag day466.67
Off 20-day high−26.8%
Avg volume2.7M

What followed

DateClose $ 5-day avg.vs flag close
08 Jun466.67547.58+0.0%
09 Jun439.34510.04-5.9%
10 Jun434.65472.90-6.9%
11 Jun445.22454.82-4.6%
12 Jun445.98446.37-4.4%
15 Jun463.41445.72-0.7%
16 Jun430.30443.91-7.8%
17 Jun436.72444.33-6.4%
18 Jun428.22440.93-8.2%
22 Jun460.33443.80-1.4%
23 Jun459.85443.08-1.5%

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 08 Jun. The freshest lists go out in the daily alert at 21:30 CET.