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

EL — oversold signal, 23 Mar

long term
RSI(2)3.5
RSI(14)25.5
Close $ · flag day79.29
Off 20-day high−32.6%
Avg volume4.5M

What followed

DateClose $ 5-day avg.vs flag close
23 Mar79.2985.15+0.0%
24 Mar71.4881.66-9.8%
25 Mar73.1179.08-7.8%
26 Mar69.7575.91-12.0%
27 Mar67.2372.17-15.2%
30 Mar67.9869.91-14.3%
31 Mar71.7769.97-9.5%
01 Apr70.7169.49-10.8%
02 Apr69.1269.36-12.8%
06 Apr70.9170.10-10.6%
07 Apr69.1770.34-12.8%

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.

Research chart

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From the oversold list of 23 Mar. The freshest lists go out in the daily alert at 21:30 CET.