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

DOW — oversold signal, 29 May

short term
RSI(2)9.8
RSI(14)32.0
Close $ · flag day33.75
Off 20-day high−18.6%
Avg volume11.4M

What followed

DateClose $ 5-day avg.vs flag close
29 May33.7534.86+0.0%
01 Jun34.6934.60+2.8%
02 Jun34.7234.48+2.9%
03 Jun35.4034.67+4.9%
04 Jun34.7934.67+3.1%
05 Jun33.9734.71+0.7%
08 Jun34.2034.62+1.3%
09 Jun33.2234.32-1.6%
10 Jun34.2434.08+1.5%
11 Jun33.6333.85-0.4%
12 Jun33.8533.83+0.3%

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.

Research chart

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From the oversold list of 29 May. The freshest lists go out in the daily alert at 21:30 CET.