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

CNC — oversold signal, 30 Mar

long term
RSI(2)17.1
RSI(14)29.2
Close $ · flag day31.80
Off 20-day high−29.6%
Avg volume7.5M

What followed

DateClose $ 5-day avg.vs flag close
30 Mar31.8032.61+0.0%
31 Mar32.7432.57+3.0%
01 Apr33.9532.81+6.8%
02 Apr35.1133.12+10.4%
06 Apr35.4033.80+11.3%
07 Apr36.3134.70+14.2%
08 Apr37.2835.61+17.2%
09 Apr37.5536.33+18.1%
10 Apr37.3036.77+17.3%
13 Apr37.4737.18+17.8%
14 Apr37.2637.37+17.2%

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