updated 2026-07-24 14:52 UTC
DVN — oversold signal, 07 May
short term
RSI(2) 3.6
RSI(14) 39.7
Close $ · flag day 45.31
Off 20-day high −12.8%
Avg volume 14.0M
What followed
Date Close $
5-day avg. vs flag close 07 May 45.31 48.94 +0.0% 08 May 45.61 47.95 +0.7% 11 May 46.73 47.05 +3.1% 12 May 46.77 46.20 +3.2% 13 May 46.90 46.26 +3.5% 14 May 47.24 46.65 +4.3% 15 May 49.49 47.43 +9.2% 18 May 49.68 48.02 +9.6% 19 May 49.69 48.60 +9.7% 20 May 48.46 48.91 +7.0% 21 May 47.11 48.89 +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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
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recommendation — decisions are yours alone. Figures shown are backtested
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