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

COP — oversold signal, 06 May

short term
RSI(2)9.5
RSI(14)43.4
Close $ · flag day118.90
Off 20-day high−7.3%
Avg volume9.0M

What followed

DateClose $ 5-day avg.vs flag close
06 May118.90123.22+0.0%
07 May114.88121.04-3.4%
08 May113.87119.18-4.2%
11 May115.55117.30-2.8%
12 May117.87116.21-0.9%
13 May117.40115.91-1.3%
14 May118.97116.73+0.1%
15 May122.41118.44+3.0%
18 May124.54120.24+4.7%
19 May125.11121.69+5.2%
20 May122.36122.68+2.9%

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