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

FCX — oversold signal, 23 Jun

short term
RSI(2)7.1
RSI(14)46.6
Close $ · flag day64.40
Off 20-day high−10.9%
Avg volume13.7M

What followed

DateClose $ 5-day avg.vs flag close
23 Jun64.4068.30+0.0%
24 Jun61.8466.64-4.0%
25 Jun62.8065.39-2.5%
26 Jun62.4564.14-3.0%
29 Jun61.6262.62-4.3%
30 Jun62.8962.32-2.3%
01 Jul60.5362.06-6.0%
02 Jul60.9761.69-5.3%
06 Jul61.0061.40-5.3%
07 Jul59.3360.94-7.9%
08 Jul57.5059.87-10.7%

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