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

DVN — oversold signal, 28 May

short term
RSI(2)2.0
RSI(14)35.9
Close $ · flag day44.11
Off 20-day high−15.1%
Avg volume15.2M

What followed

DateClose $ 5-day avg.vs flag close
28 May44.1145.57+0.0%
29 May44.4945.05+0.9%
01 Jun46.3144.86+5.0%
02 Jun46.2245.08+4.8%
03 Jun46.1845.46+4.7%
04 Jun45.9945.84+4.3%
05 Jun44.2845.80+0.4%
08 Jun45.0845.55+2.2%
09 Jun44.0745.12-0.1%
10 Jun46.6045.20+5.6%
11 Jun44.6144.93+1.1%

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