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

DOW — oversold signal, 23 Feb

short term
RSI(2)3.8
RSI(14)52.3
Close $ · flag day30.30
Off 20-day high−12.9%
Avg volume14.6M

What followed

DateClose $ 5-day avg.vs flag close
23 Feb30.3031.04+0.0%
24 Feb31.0530.97+2.5%
25 Feb30.0230.66-0.9%
26 Feb29.9030.36-1.3%
27 Feb30.7330.40+1.4%
02 Mar30.6030.46+1.0%
03 Mar30.7430.40+1.5%
04 Mar32.3430.86+6.7%
05 Mar33.7231.63+11.3%
06 Mar33.2832.14+9.8%
09 Mar34.3132.88+13.2%

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

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From the oversold list of 23 Feb. The freshest lists go out in the daily alert at 21:30 CET.