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

ETR — oversold signal, 28 May

short term
RSI(2)4.3
RSI(14)41.5
Close $ · flag day109.62
Off 20-day high−7.5%
Avg volume4.2M

What followed

DateClose $ 5-day avg.vs flag close
28 May109.62111.55+0.0%
29 May109.05110.91-0.5%
01 Jun104.97109.42-4.2%
02 Jun107.60108.55-1.8%
03 Jun108.66107.98-0.9%
04 Jun109.28107.91-0.3%
05 Jun110.74108.25+1.0%
08 Jun108.11108.88-1.4%
09 Jun109.66109.29+0.0%
10 Jun110.48109.65+0.8%
11 Jun109.89109.78+0.2%

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