updated 2026-07-24 14:52 UTC
DVN — oversold signal, 21 May
short term
RSI(2) 8.6
RSI(14) 46.0
Close $ · flag day 47.11
Off 20-day high −9.3%
Avg volume 15.5M
What followed
Date Close $
5-day avg. vs flag close 21 May 47.11 48.89 +0.0% 22 May 47.22 48.43 +0.2% 26 May 45.14 47.52 -4.2% 27 May 44.27 46.44 -6.0% 28 May 44.11 45.57 -6.4% 29 May 44.49 45.05 -5.6% 01 Jun 46.31 44.86 -1.7% 02 Jun 46.22 45.08 -1.9% 03 Jun 46.18 45.46 -2.0% 04 Jun 45.99 45.84 -2.4% 05 Jun 44.28 45.80 -6.0%
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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