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

EA — oversold signal, 06 May

short term
RSI(2)0.6
RSI(14)35.1
Close $ · flag day200.79
Off 20-day high−1.6%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
06 May200.79201.73+0.0%
07 May200.85201.42+0.0%
08 May200.44201.09-0.2%
11 May200.22200.77-0.3%
12 May200.19200.50-0.3%
13 May200.18200.38-0.3%
14 May200.78200.36-0.0%
15 May200.64200.40-0.1%
18 May201.05200.57+0.1%
19 May201.70200.87+0.5%
20 May201.59201.15+0.4%

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.