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

DVN — oversold signal, 06 May

short term
RSI(2)5.5
RSI(14)43.5
Close $ · flag day46.60
Off 20-day high−10.3%
Avg volume13.4M

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

What followed

DateClose $ 5-day avg.vs flag close
06 May46.6050.16+0.0%
07 May45.3148.94-2.8%
08 May45.6147.95-2.1%
11 May46.7347.05+0.3%
12 May46.7746.20+0.4%
13 May46.9046.26+0.6%
14 May47.2446.65+1.4%
15 May49.4947.43+6.2%
18 May49.6848.02+6.6%
19 May49.6948.60+6.6%
20 May48.4648.91+4.0%

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 06 May. The freshest lists go out in the daily alert at 21:30 CET.