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

COO — oversold signal, 04 May

long term
RSI(2)21.3
RSI(14)25.6
Close $ · flag day61.52
Off 20-day high−15.3%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
04 May61.5262.24+0.0%
05 May61.2561.87-0.4%
06 May61.1261.83-0.7%
07 May61.1161.47-0.7%
08 May60.0061.00-2.5%
11 May58.9860.49-4.1%
12 May59.9560.23-2.6%
13 May59.4759.90-3.3%
14 May60.3859.76-1.9%
15 May59.6159.68-3.1%
18 May60.9460.07-0.9%

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