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

DOW — oversold signal, 19 May

short term
RSI(2)5.0
RSI(14)45.8
Close $ · flag day37.74
Off 20-day high−9.0%
Avg volume11.5M

What followed

DateClose $ 5-day avg.vs flag close
19 May37.7438.53+0.0%
20 May36.2738.02-3.9%
21 May35.9137.45-4.8%
22 May36.0136.90-4.6%
26 May35.2836.24-6.5%
27 May34.4935.59-8.6%
28 May34.7735.29-7.9%
29 May33.7534.86-10.6%
01 Jun34.6934.60-8.1%
02 Jun34.7234.48-8.0%
03 Jun35.4034.67-6.2%

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