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

COO — oversold signal, 12 May

long term
RSI(2)54.1
RSI(14)26.9
Close $ · flag day59.95
Off 20-day high−16.5%
Avg volume2.3M

What followed

DateClose $ 5-day avg.vs flag close
12 May59.9560.23+0.0%
13 May59.4759.90-0.8%
14 May60.3859.76+0.7%
15 May59.6159.68-0.6%
18 May60.9460.07+1.7%
19 May61.4560.37+2.5%
20 May61.7560.83+3.0%
21 May62.8561.32+4.8%
22 May62.5561.91+4.3%
26 May62.0362.13+3.5%
27 May60.8062.00+1.4%

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