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

CMS — oversold signal, 07 May

short term
RSI(2)7.2
RSI(14)37.9
Close $ · flag day73.96
Off 20-day high−7.8%
Avg volume3.0M

What followed

DateClose $ 5-day avg.vs flag close
07 May73.9674.93+0.0%
08 May72.6174.25-1.8%
11 May73.1973.75-1.0%
12 May73.3173.42-0.9%
13 May72.8173.18-1.6%
14 May73.2673.04-0.9%
15 May71.6472.84-3.1%
18 May72.1372.63-2.5%
19 May73.3172.63-0.9%
20 May72.9572.66-1.4%
21 May73.6472.73-0.4%

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