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

FE — oversold signal, 15 Apr

short term
RSI(2)6.7
RSI(14)50.0
Close $ · flag day50.55
Off 20-day high−3.4%
Avg volume4.1M

What followed

DateClose $ 5-day avg.vs flag close
15 Apr50.5551.20+0.0%
16 Apr50.5850.93+0.1%
17 Apr50.1050.66-0.9%
20 Apr49.4550.34-2.2%
21 Apr48.5149.84-4.0%
22 Apr48.4349.41-4.2%
23 Apr49.6249.22-1.8%
24 Apr49.4149.08-2.3%
27 Apr49.4449.08-2.2%
28 Apr49.5849.30-1.9%
29 Apr48.9449.40-3.2%

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