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

FANG — oversold signal, 16 Jun

short term
RSI(2)9.3
RSI(14)42.0
Close $ · flag day188.12
Off 20-day high−11.1%
Avg volume2.5M

What followed

DateClose $ 5-day avg.vs flag close
16 Jun188.12191.67+0.0%
17 Jun185.48189.46-1.4%
18 Jun183.50187.84-2.5%
22 Jun187.80186.97-0.2%
23 Jun187.91186.56-0.1%
24 Jun183.48185.63-2.5%
25 Jun182.55185.05-3.0%
26 Jun179.91184.33-4.4%
29 Jun180.54182.88-4.0%
30 Jun175.78180.45-6.6%
01 Jul171.96178.15-8.6%

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 16 Jun. The freshest lists go out in the daily alert at 21:30 CET.