updated 2026-07-24 14:52 UTC
EL — oversold signal, 23 Mar
long term
RSI(2) 3.5
RSI(14) 25.5
Close $ · flag day 79.29
Off 20-day high −32.6%
Avg volume 4.5M
What followed
Date Close $
5-day avg. vs flag close
23 Mar 79.29 85.15 +0.0% 24 Mar 71.48 81.66 -9.8% 25 Mar 73.11 79.08 -7.8% 26 Mar 69.75 75.91 -12.0% 27 Mar 67.23 72.17 -15.2% 30 Mar 67.98 69.91 -14.3% 31 Mar 71.77 69.97 -9.5% 01 Apr 70.71 69.49 -10.8% 02 Apr 69.12 69.36 -12.8% 06 Apr 70.91 70.10 -10.6% 07 Apr 69.17 70.34 -12.8%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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