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

CNC — oversold signal, 27 Jan

short term
RSI(2)5.8
RSI(14)41.0
Close $ · flag day41.53
Off 20-day high−12.9%
Avg volume6.1M

What followed

DateClose $ 5-day avg.vs flag close
27 Jan41.5344.92+0.0%
28 Jan41.9044.24+0.9%
29 Jan43.6043.88+5.0%
30 Jan43.3243.33+4.3%
02 Feb42.8042.63+3.1%
03 Feb42.5142.83+2.4%
04 Feb40.9642.64-1.4%
05 Feb39.9241.90-3.9%
06 Feb38.4640.93-7.4%
09 Feb38.0439.98-8.4%
10 Feb39.6139.40-4.6%

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