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

CVNA — oversold signal, 01 May

short term
RSI(2)2.2
RSI(14)55.1
Close $ · flag day76.52
Off 20-day high−8.8%
Avg volume14.1M

What followed

DateClose $ 5-day avg.vs flag close
01 May76.5279.53+0.0%
04 May75.3178.32-1.6%
05 May75.8277.23-0.9%
06 May77.8876.94+1.8%
07 May80.0077.11+4.6%
08 May77.9477.39+1.9%
11 May76.2377.57-0.4%
12 May73.7277.15-3.7%
13 May69.9075.56-8.7%
14 May69.5373.46-9.1%
15 May67.1771.31-12.2%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 01 May. The freshest lists go out in the daily alert at 21:30 CET.