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

CVNA — oversold signal, 04 May

short term
RSI(2)1.3
RSI(14)52.5
Close $ · flag day75.31
Off 20-day high−10.3%
Avg volume14.3M

What followed

DateClose $ 5-day avg.vs flag close
04 May75.3178.32+0.0%
05 May75.8277.23+0.7%
06 May77.8876.94+3.4%
07 May80.0077.11+6.2%
08 May77.9477.39+3.5%
11 May76.2377.57+1.2%
12 May73.7277.15-2.1%
13 May69.9075.56-7.2%
14 May69.5373.46-7.7%
15 May67.1771.31-10.8%
18 May66.0269.27-12.3%

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