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

CMS — oversold signal, 22 Apr

short term
RSI(2)2.9
RSI(14)37.3
Close $ · flag day74.98
Off 20-day high−6.7%
Avg volume2.6M

What followed

DateClose $ 5-day avg.vs flag close
22 Apr74.9876.69+0.0%
23 Apr76.6276.39+2.2%
24 Apr76.2776.10+1.7%
27 Apr76.0575.90+1.4%
28 Apr75.9275.97+1.3%
29 Apr74.7375.92-0.3%
30 Apr76.7475.94+2.3%
01 May76.0375.89+1.4%
04 May75.6975.82+0.9%
05 May74.9375.62-0.1%
06 May74.0575.49-1.2%

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