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

FCX — oversold signal, 24 Jun

short term
RSI(2)3.7
RSI(14)42.0
Close $ · flag day61.84
Off 20-day high−14.4%
Avg volume14.1M

What followed

DateClose $ 5-day avg.vs flag close
24 Jun61.8466.64+0.0%
25 Jun62.8065.39+1.6%
26 Jun62.4564.14+1.0%
29 Jun61.6262.62-0.4%
30 Jun62.8962.32+1.7%
01 Jul60.5362.06-2.1%
02 Jul60.9761.69-1.4%
06 Jul61.0061.40-1.4%
07 Jul59.3360.94-4.1%
08 Jul57.5059.87-7.0%
09 Jul60.5359.87-2.1%

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