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

CMG — oversold signal, 04 Jun

long term
RSI(2)0.5
RSI(14)25.5
Close $ · flag day28.18
Off 20-day high−17.0%
Avg volume18.4M

What followed

DateClose $ 5-day avg.vs flag close
04 Jun28.1829.72+0.0%
05 Jun29.3429.21+4.1%
08 Jun29.2728.96+3.9%
09 Jun29.8829.08+6.0%
10 Jun30.4229.42+7.9%
11 Jun31.2530.03+10.9%
12 Jun32.2330.61+14.4%
15 Jun32.7331.30+16.1%
16 Jun32.6131.85+15.7%
17 Jun31.8632.14+13.1%
18 Jun32.4932.38+15.3%

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