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

DVN — oversold signal, 26 Feb

short term
RSI(2)9.6
RSI(14)54.6
Close $ · flag day42.66
Off 20-day high−7.6%
Avg volume12.2M

What followed

DateClose $ 5-day avg.vs flag close
26 Feb42.6643.32+0.0%
27 Feb43.5343.15+2.0%
02 Mar44.9543.41+5.4%
03 Mar44.0043.55+3.1%
04 Mar43.4943.73+1.9%
05 Mar44.5244.10+4.4%
06 Mar44.4844.29+4.3%
09 Mar44.8244.26+5.1%
10 Mar43.7044.20+2.4%
11 Mar45.3644.58+6.3%
12 Mar46.1944.91+8.3%

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