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

EOG — oversold signal, 08 May

short term
RSI(2)4.8
RSI(14)40.3
Close $ · flag day130.03
Off 20-day high−9.0%
Avg volume4.1M

What followed

DateClose $ 5-day avg.vs flag close
08 May130.03135.61+0.0%
11 May133.31133.95+2.5%
12 May134.13132.61+3.2%
13 May134.93132.66+3.8%
14 May135.99133.68+4.6%
15 May140.26135.72+7.9%
18 May142.99137.66+10.0%
19 May144.30139.69+11.0%
20 May141.63141.03+8.9%
21 May139.98141.83+7.7%
22 May141.22142.02+8.6%

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