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

CVX — oversold signal, 07 May

short term
RSI(2)6.0
RSI(14)39.1
Close $ · flag day182.50
Off 20-day high−6.0%
Avg volume10.1M

What followed

DateClose $ 5-day avg.vs flag close
07 May182.50188.64+0.0%
08 May181.62186.84-0.5%
11 May184.74185.33+1.2%
12 May185.95183.99+1.9%
13 May186.00184.16+1.9%
14 May186.64184.99+2.3%
15 May191.10186.89+4.7%
18 May196.12189.16+7.5%
19 May197.25191.42+8.1%
20 May191.33192.49+4.8%
21 May191.01193.36+4.7%

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