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

CMS — oversold signal, 06 May

short term
RSI(2)8.0
RSI(14)38.2
Close $ · flag day74.05
Off 20-day high−7.9%
Avg volume3.1M

What followed

DateClose $ 5-day avg.vs flag close
06 May74.0575.49+0.0%
07 May73.9674.93-0.1%
08 May72.6174.25-1.9%
11 May73.1973.75-1.2%
12 May73.3173.42-1.0%
13 May72.8173.18-1.7%
14 May73.2673.04-1.1%
15 May71.6472.84-3.3%
18 May72.1372.63-2.6%
19 May73.3172.63-1.0%
20 May72.9572.66-1.5%

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