updated 2026-07-24 14:52 UTC
EL — oversold signal, 24 Mar
long term
RSI(2) 1.1
RSI(14) 20.7
Close $ · flag day 71.48
Off 20-day high −37.9%
Avg volume 5.3M
What followed
Date Close $
5-day avg. vs flag close 24 Mar 71.48 81.66 +0.0% 25 Mar 73.11 79.08 +2.3% 26 Mar 69.75 75.91 -2.4% 27 Mar 67.23 72.17 -5.9% 30 Mar 67.98 69.91 -4.9% 31 Mar 71.77 69.97 +0.4% 01 Apr 70.71 69.49 -1.1% 02 Apr 69.12 69.36 -3.3% 06 Apr 70.91 70.10 -0.8% 07 Apr 69.17 70.34 -3.2% 08 Apr 71.44 70.27 -0.1%
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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