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

FDX — oversold signal, 04 May

short term
RSI(2)8.7
RSI(14)40.1
Close $ · flag day288.32
Off 20-day high−11.4%
Avg volume2.0M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
04 May288.32311.62+0.0%
05 May292.30307.19+1.4%
06 May303.94305.35+5.4%
07 May302.93300.94+5.1%
08 May305.06298.51+5.8%
11 May305.32301.91+5.9%
12 May303.32304.11+5.2%
13 May297.90302.91+3.3%
14 May306.19303.56+6.2%
15 May302.80303.11+5.0%
18 May297.92301.63+3.3%

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 04 May. The freshest lists go out in the daily alert at 21:30 CET.