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

EA — oversold signal, 08 May

short term
RSI(2)4.5
RSI(14)33.0
Close $ · flag day200.44
Off 20-day high−1.7%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
08 May200.44201.09+0.0%
11 May200.22200.77-0.1%
12 May200.19200.50-0.1%
13 May200.18200.38-0.1%
14 May200.78200.36+0.2%
15 May200.64200.40+0.1%
18 May201.05200.57+0.3%
19 May201.70200.87+0.6%
20 May201.59201.15+0.6%
21 May201.87201.37+0.7%
22 May200.97201.44+0.3%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 08 May. The freshest lists go out in the daily alert at 21:30 CET.