updated 2026-07-24 14:52 UTC
CNC — oversold signal, 04 Feb
short term
RSI(2) 5.9
RSI(14) 39.9
Close $ · flag day 40.96
Off 20-day high −14.1%
Avg volume 6.5M
What followed
Date Close $
5-day avg. vs flag close 04 Feb 40.96 42.64 +0.0% 05 Feb 39.92 41.90 -2.5% 06 Feb 38.46 40.93 -6.1% 09 Feb 38.04 39.98 -7.1% 10 Feb 39.61 39.40 -3.3% 11 Feb 40.43 39.29 -1.3% 12 Feb 39.18 39.14 -4.3% 13 Feb 40.58 39.57 -0.9% 17 Feb 41.23 40.21 +0.7% 18 Feb 43.07 40.90 +5.2% 19 Feb 43.68 41.55 +6.6%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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