updated 2026-07-24 14:52 UTC
DOW — oversold signal, 08 May
short term
RSI(2) 4.3
RSI(14) 43.0
Close $ · flag day 36.87
Off 20-day high −11.1%
Avg volume 13.2M
What followed
Date Close $
5-day avg. vs flag close 08 May 36.87 38.81 +0.0% 11 May 38.76 38.45 +5.1% 12 May 39.43 38.18 +6.9% 13 May 38.84 38.24 +5.3% 14 May 38.78 38.54 +5.2% 15 May 38.75 38.91 +5.1% 18 May 38.56 38.87 +4.6% 19 May 37.74 38.53 +2.4% 20 May 36.27 38.02 -1.6% 21 May 35.91 37.45 -2.6% 22 May 36.01 36.90 -2.3%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
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recommendation — decisions are yours alone. Figures shown are backtested
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