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

FCX — oversold signal, 05 Mar

short term
RSI(2)5.9
RSI(14)47.7
Close $ · flag day62.66
Off 20-day high−10.2%
Avg volume17.5M

What followed

DateClose $ 5-day avg.vs flag close
05 Mar62.6666.11+0.0%
06 Mar59.3664.36-5.3%
09 Mar60.4962.80-3.5%
10 Mar62.4062.17-0.4%
11 Mar61.5461.29-1.8%
12 Mar59.2160.60-5.5%
13 Mar56.3860.00-10.0%
16 Mar57.9359.49-7.5%
17 Mar58.0958.63-7.3%
18 Mar55.4557.41-11.5%
19 Mar53.6256.29-14.4%

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 05 Mar. The freshest lists go out in the daily alert at 21:30 CET.