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

CNC — oversold signal, 23 Mar

long term
RSI(2)6.9
RSI(14)28.6
Close $ · flag day32.81
Off 20-day high−27.4%
Avg volume6.8M

What followed

DateClose $ 5-day avg.vs flag close
23 Mar32.8134.78+0.0%
24 Mar32.9834.38+0.5%
25 Mar32.7333.70-0.2%
26 Mar33.5633.30+2.3%
27 Mar32.0032.82-2.5%
30 Mar31.8032.61-3.1%
31 Mar32.7432.57-0.2%
01 Apr33.9532.81+3.5%
02 Apr35.1133.12+7.0%
06 Apr35.4033.80+7.9%
07 Apr36.3134.70+10.7%

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 23 Mar. The freshest lists go out in the daily alert at 21:30 CET.