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

ETR — oversold signal, 15 May

short term
RSI(2)8.2
RSI(14)39.5
Close $ · flag day109.03
Off 20-day high−8.0%
Avg volume4.1M

What followed

DateClose $ 5-day avg.vs flag close
15 May109.03112.04+0.0%
18 May109.58111.36+0.5%
19 May110.55110.88+1.4%
20 May111.93110.80+2.7%
21 May112.27110.67+3.0%
22 May112.40111.35+3.1%
26 May111.97111.82+2.7%
27 May111.51112.02+2.3%
28 May109.62111.55+0.5%
29 May109.05110.91+0.0%
01 Jun104.97109.42-3.7%

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