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

FE — oversold signal, 17 Apr

short term
RSI(2)4.0
RSI(14)45.3
Close $ · flag day50.10
Off 20-day high−4.3%
Avg volume4.1M

What followed

DateClose $ 5-day avg.vs flag close
17 Apr50.1050.66+0.0%
20 Apr49.4550.34-1.3%
21 Apr48.5149.84-3.2%
22 Apr48.4349.41-3.3%
23 Apr49.6249.22-1.0%
24 Apr49.4149.08-1.4%
27 Apr49.4449.08-1.3%
28 Apr49.5849.30-1.0%
29 Apr48.9449.40-2.3%
30 Apr47.5248.98-5.1%
01 May46.9248.48-6.3%

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