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

FANG — oversold signal, 08 May

short term
RSI(2)6.1
RSI(14)43.9
Close $ · flag day188.70
Off 20-day high−12.0%
Avg volume3.0M

What followed

DateClose $ 5-day avg.vs flag close
08 May188.70198.82+0.0%
11 May196.15195.31+3.9%
12 May198.15193.71+5.0%
13 May201.10194.91+6.6%
14 May200.26196.87+6.1%
15 May203.56199.84+7.9%
18 May205.62201.74+9.0%
19 May207.77203.66+10.1%
20 May204.33204.31+8.3%
21 May200.97204.45+6.5%
22 May200.71203.88+6.4%

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.