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

DVN — oversold signal, 01 Apr

short term
RSI(2)6.9
RSI(14)56.0
Close $ · flag day48.59
Off 20-day high−7.8%
Avg volume19.8M

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

What followed

DateClose $ 5-day avg.vs flag close
01 Apr48.5950.77+0.0%
02 Apr49.4950.40+1.9%
06 Apr49.6549.91+2.2%
07 Apr49.9549.60+2.8%
08 Apr47.9149.12-1.4%
09 Apr47.8848.98-1.5%
10 Apr47.7948.64-1.6%
13 Apr47.2748.16-2.7%
14 Apr45.2547.22-6.9%
15 Apr45.2346.68-6.9%
16 Apr45.7846.26-5.8%

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