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

CVX — oversold signal, 08 May

short term
RSI(2)4.8
RSI(14)38.2
Close $ · flag day181.62
Off 20-day high−6.4%
Avg volume10.2M

What followed

DateClose $ 5-day avg.vs flag close
08 May181.62186.84+0.0%
11 May184.74185.33+1.7%
12 May185.95183.99+2.4%
13 May186.00184.16+2.4%
14 May186.64184.99+2.8%
15 May191.10186.89+5.2%
18 May196.12189.16+8.0%
19 May197.25191.42+8.6%
20 May191.33192.49+5.3%
21 May191.01193.36+5.2%
22 May191.43193.43+5.4%

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