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

DOW — oversold signal, 21 May

short term
RSI(2)0.9
RSI(14)38.6
Close $ · flag day35.91
Off 20-day high−13.4%
Avg volume11.0M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
21 May35.9137.45+0.0%
22 May36.0136.90+0.3%
26 May35.2836.24-1.8%
27 May34.4935.59-4.0%
28 May34.7735.29-3.2%
29 May33.7534.86-6.0%
01 Jun34.6934.60-3.4%
02 Jun34.7234.48-3.3%
03 Jun35.4034.67-1.4%
04 Jun34.7934.67-3.1%
05 Jun33.9734.71-5.4%

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