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

FDX — oversold signal, 05 Mar

short term
RSI(2)7.7
RSI(14)57.6
Close $ · flag day300.85
Off 20-day high−5.0%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
05 Mar300.85308.50+0.0%
06 Mar289.36304.00-3.8%
09 Mar290.98299.79-3.3%
10 Mar289.66296.07-3.7%
11 Mar291.21292.41-3.2%
12 Mar284.55289.15-5.4%
13 Mar283.38287.96-5.8%
16 Mar283.92286.55-5.6%
17 Mar285.79285.77-5.0%
18 Mar281.82283.89-6.3%
19 Mar286.95284.37-4.6%

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 05 Mar. The freshest lists go out in the daily alert at 21:30 CET.