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

COO — oversold signal, 08 May

long term
RSI(2)1.9
RSI(14)22.3
Close $ · flag day60.00
Off 20-day high−17.4%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
08 May60.0061.00+0.0%
11 May58.9860.49-1.7%
12 May59.9560.23-0.1%
13 May59.4759.90-0.9%
14 May60.3859.76+0.6%
15 May59.6159.68-0.6%
18 May60.9460.07+1.6%
19 May61.4560.37+2.4%
20 May61.7560.83+2.9%
21 May62.8561.32+4.7%
22 May62.5561.91+4.2%

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