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

FANG — oversold signal, 07 May

short term
RSI(2)7.8
RSI(14)45.4
Close $ · flag day190.45
Off 20-day high−11.2%
Avg volume3.0M

What followed

DateClose $ 5-day avg.vs flag close
07 May190.45202.61+0.0%
08 May188.70198.82-0.9%
11 May196.15195.31+3.0%
12 May198.15193.71+4.0%
13 May201.10194.91+5.6%
14 May200.26196.87+5.2%
15 May203.56199.84+6.9%
18 May205.62201.74+8.0%
19 May207.77203.66+9.1%
20 May204.33204.31+7.3%
21 May200.97204.45+5.5%

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