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

COO — oversold signal, 07 May

long term
RSI(2)13.1
RSI(14)24.7
Close $ · flag day61.11
Off 20-day high−15.9%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
07 May61.1161.47+0.0%
08 May60.0061.00-1.8%
11 May58.9860.49-3.5%
12 May59.9560.23-1.9%
13 May59.4759.90-2.7%
14 May60.3859.76-1.2%
15 May59.6159.68-2.5%
18 May60.9460.07-0.3%
19 May61.4560.37+0.6%
20 May61.7560.83+1.0%
21 May62.8561.32+2.8%

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