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

ETN — oversold signal, 19 May

short term
RSI(2)3.6
RSI(14)38.0
Close $ · flag day371.88
Off 20-day high−14.6%
Avg volume3.0M

What followed

DateClose $ 5-day avg.vs flag close
19 May371.88393.65+0.0%
20 May379.69388.20+2.1%
21 May381.51382.88+2.6%
22 May391.35381.26+5.2%
26 May403.13385.51+8.4%
27 May406.37392.41+9.3%
28 May401.94396.86+8.1%
29 May400.60400.68+7.7%
01 Jun400.08402.42+7.6%
02 Jun417.62405.32+12.3%
03 Jun421.21408.29+13.3%

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