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

FCX — oversold signal, 28 Apr

short term
RSI(2)4.7
RSI(14)39.1
Close $ · flag day58.21
Off 20-day high−18.0%
Avg volume16.8M

What followed

DateClose $ 5-day avg.vs flag close
28 Apr58.2162.33+0.0%
29 Apr56.9359.65-2.2%
30 Apr57.7858.91-0.7%
01 May56.5558.01-2.9%
04 May55.5757.01-4.5%
05 May57.6856.90-0.9%
06 May60.8957.69+4.6%
07 May60.6158.26+4.1%
08 May61.6559.28+5.9%
11 May64.3761.04+10.6%
12 May66.0362.71+13.4%

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