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

EIX — oversold signal, 22 Apr

short term
RSI(2)2.0
RSI(14)38.8
Close $ · flag day69.38
Off 20-day high−9.0%
Avg volume2.8M

What followed

DateClose $ 5-day avg.vs flag close
22 Apr69.3870.41+0.0%
23 Apr70.3470.16+1.4%
24 Apr68.8669.78-0.7%
27 Apr68.5769.38-1.2%
28 Apr67.9469.02-2.1%
29 Apr67.9468.73-2.1%
30 Apr69.4968.56+0.2%
01 May69.8868.76+0.7%
04 May69.0068.85-0.5%
05 May68.8769.04-0.7%
06 May68.8069.21-0.8%

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 22 Apr. The freshest lists go out in the daily alert at 21:30 CET.