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

EA — oversold signal, 05 May

short term
RSI(2)2.5
RSI(14)40.9
Close $ · flag day201.57
Off 20-day high−1.3%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
05 May201.57202.10+0.0%
06 May200.79201.73-0.4%
07 May200.85201.42-0.4%
08 May200.44201.09-0.6%
11 May200.22200.77-0.7%
12 May200.19200.50-0.7%
13 May200.18200.38-0.7%
14 May200.78200.36-0.4%
15 May200.64200.40-0.5%
18 May201.05200.57-0.3%
19 May201.70200.87+0.1%

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