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

ETR — oversold signal, 08 May

short term
RSI(2)8.2
RSI(14)45.8
Close $ · flag day111.59
Off 20-day high−5.8%
Avg volume3.9M

What followed

DateClose $ 5-day avg.vs flag close
08 May111.59114.07+0.0%
11 May112.97113.38+1.2%
12 May112.93112.49+1.2%
13 May112.35112.37+0.7%
14 May112.90112.55+1.2%
15 May109.03112.04-2.3%
18 May109.58111.36-1.8%
19 May110.55110.88-0.9%
20 May111.93110.80+0.3%
21 May112.27110.67+0.6%
22 May112.40111.35+0.7%

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.