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

COP — oversold signal, 26 May

short term
RSI(2)3.6
RSI(14)42.0
Close $ · flag day116.57
Off 20-day high−9.1%
Avg volume7.5M

What followed

DateClose $ 5-day avg.vs flag close
26 May116.57121.01+0.0%
27 May115.13119.01-1.2%
28 May114.99117.54-1.4%
29 May113.98116.23-2.2%
01 Jun115.58115.25-0.8%
02 Jun116.87115.31+0.3%
03 Jun119.05116.09+2.1%
04 Jun119.23116.94+2.3%
05 Jun117.14117.57+0.5%
08 Jun118.89118.24+2.0%
09 Jun116.79118.22+0.2%

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