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

CIEN — oversold signal, 02 Jul

short term
RSI(2)6.5
RSI(14)37.4
Close $ · flag day422.46
Off 20-day high−23.5%
Avg volume4.2M

What followed

DateClose $ 5-day avg.vs flag close
02 Jul422.46466.78+0.0%
06 Jul433.83457.64+2.7%
07 Jul418.91445.64-0.8%
08 Jul440.97435.72+4.4%
09 Jul462.34435.70+9.4%
10 Jul460.72443.35+9.1%
13 Jul445.44445.68+5.4%
14 Jul446.93451.28+5.8%
15 Jul418.46446.78-0.9%
16 Jul388.81432.07-8.0%
17 Jul374.41414.81-11.4%

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 02 Jul. The freshest lists go out in the daily alert at 21:30 CET.