updated 2026-07-24 14:52 UTC
FCX — oversold signal, 18 May
short term
RSI(2) 7.7
RSI(14) 45.9
Close $ · flag day 60.50
Off 20-day high −14.5%
Avg volume 16.3M
What followed
Date Close $
5-day avg. vs flag close 18 May 60.50 64.57 +0.0% 19 May 58.70 63.10 -3.0% 20 May 60.87 61.84 +0.6% 21 May 62.31 61.08 +3.0% 22 May 61.99 60.87 +2.5% 26 May 64.36 61.65 +6.4% 27 May 63.63 62.63 +5.2% 28 May 65.87 63.63 +8.9% 29 May 65.71 64.31 +8.6% 01 Jun 67.04 65.32 +10.8% 02 Jun 71.72 66.79 +18.5%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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