updated 2026-07-24 14:52 UTC
CNC — oversold signal, 16 Mar
long term
RSI(2) 26.2
RSI(14) 29.7
Close $ · flag day 34.76
Off 20-day high −23.1%
Avg volume 5.9M
What followed
Date Close $
5-day avg. vs flag close 16 Mar 34.76 35.21 +0.0% 17 Mar 34.94 34.92 +0.5% 18 Mar 36.16 34.98 +4.0% 19 Mar 35.57 35.18 +2.3% 20 Mar 34.40 35.17 -1.0% 23 Mar 32.81 34.78 -5.6% 24 Mar 32.98 34.38 -5.1% 25 Mar 32.73 33.70 -5.8% 26 Mar 33.56 33.30 -3.5% 27 Mar 32.00 32.82 -7.9% 30 Mar 31.80 32.61 -8.5%
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.
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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
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recommendation — decisions are yours alone. Figures shown are backtested
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