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

FE — oversold signal, 04 Feb

short term
RSI(2)2.3
RSI(14)50.9
Close $ · flag day46.40
Off 20-day high−3.2%
Avg volume5.1M

What followed

DateClose $ 5-day avg.vs flag close
04 Feb46.4046.99+0.0%
05 Feb46.9946.92+1.3%
06 Feb46.6346.78+0.5%
09 Feb46.8246.75+0.9%
10 Feb47.6646.90+2.7%
11 Feb47.9347.21+3.3%
12 Feb48.8447.58+5.3%
13 Feb50.1048.27+8.0%
17 Feb49.3548.78+6.4%
18 Feb48.9449.03+5.5%
19 Feb49.5749.36+6.8%

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