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

FCX — oversold signal, 29 Apr

short term
RSI(2)2.9
RSI(14)37.1
Close $ · flag day56.93
Off 20-day high−19.8%
Avg volume16.5M

What followed

DateClose $ 5-day avg.vs flag close
29 Apr56.9359.65+0.0%
30 Apr57.7858.91+1.5%
01 May56.5558.01-0.7%
04 May55.5757.01-2.4%
05 May57.6856.90+1.3%
06 May60.8957.69+7.0%
07 May60.6158.26+6.5%
08 May61.6559.28+8.3%
11 May64.3761.04+13.1%
12 May66.0362.71+16.0%
13 May67.1663.96+18.0%

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