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

DVN — oversold signal, 14 Apr

short term
RSI(2)0.8
RSI(14)38.3
Close $ · flag day45.25
Off 20-day high−14.2%
Avg volume17.7M

What followed

DateClose $ 5-day avg.vs flag close
14 Apr45.2547.22+0.0%
15 Apr45.2346.68-0.0%
16 Apr45.7846.26+1.2%
17 Apr44.2345.55-2.3%
20 Apr44.9445.09-0.7%
21 Apr45.6045.16+0.8%
22 Apr47.1245.53+4.1%
23 Apr48.1546.01+6.4%
24 Apr47.9446.75+5.9%
27 Apr48.2047.40+6.5%
28 Apr49.4848.18+9.3%

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