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

EIX — oversold signal, 18 May

short term
RSI(2)7.5
RSI(14)41.5
Close $ · flag day68.44
Off 20-day high−4.7%
Avg volume2.8M

What followed

DateClose $ 5-day avg.vs flag close
18 May68.4470.04+0.0%
19 May70.6869.93+3.3%
20 May69.7469.75+1.9%
21 May70.3269.67+2.7%
22 May71.1870.07+4.0%
26 May71.2470.63+4.1%
27 May71.6670.83+4.7%
28 May70.2870.94+2.7%
29 May69.9470.86+2.2%
01 Jun69.0970.44+0.9%
02 Jun70.9270.38+3.6%

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