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

CVX — oversold signal, 06 May

short term
RSI(2)9.7
RSI(14)42.2
Close $ · flag day185.16
Off 20-day high−5.9%
Avg volume10.1M

What followed

DateClose $ 5-day avg.vs flag close
06 May185.16190.80+0.0%
07 May182.50188.64-1.4%
08 May181.62186.84-1.9%
11 May184.74185.33-0.2%
12 May185.95183.99+0.4%
13 May186.00184.16+0.5%
14 May186.64184.99+0.8%
15 May191.10186.89+3.2%
18 May196.12189.16+5.9%
19 May197.25191.42+6.5%
20 May191.33192.49+3.3%

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