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

CNC — oversold signal, 27 Mar

long term
RSI(2)20.2
RSI(14)29.6
Close $ · flag day32.00
Off 20-day high−29.2%
Avg volume7.4M

What followed

DateClose $ 5-day avg.vs flag close
27 Mar32.0032.82+0.0%
30 Mar31.8032.61-0.6%
31 Mar32.7432.57+2.3%
01 Apr33.9532.81+6.1%
02 Apr35.1133.12+9.7%
06 Apr35.4033.80+10.6%
07 Apr36.3134.70+13.5%
08 Apr37.2835.61+16.5%
09 Apr37.5536.33+17.3%
10 Apr37.3036.77+16.6%
13 Apr37.4737.18+17.1%

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