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

DVN — oversold signal, 07 Jan

short term
RSI(2)8.1
RSI(14)40.5
Close $ · flag day34.47
Off 20-day high−10.4%
Avg volume8.1M

What followed

DateClose $ 5-day avg.vs flag close
07 Jan34.4736.28+0.0%
08 Jan36.0936.17+4.7%
09 Jan35.7635.75+3.7%
12 Jan35.7235.59+3.6%
13 Jan36.8435.78+6.9%
14 Jan37.9236.47+10.0%
15 Jan36.3236.51+5.4%
16 Jan36.2036.60+5.0%
20 Jan36.2936.71+5.3%
21 Jan37.7536.90+9.5%
22 Jan37.9836.91+10.2%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 07 Jan. The freshest lists go out in the daily alert at 21:30 CET.