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

FE — oversold signal, 20 Apr

short term
RSI(2)1.4
RSI(14)39.7
Close $ · flag day49.45
Off 20-day high−5.5%
Avg volume3.8M

What followed

DateClose $ 5-day avg.vs flag close
20 Apr49.4550.34+0.0%
21 Apr48.5149.84-1.9%
22 Apr48.4349.41-2.1%
23 Apr49.6249.22+0.3%
24 Apr49.4149.08-0.1%
27 Apr49.4449.08-0.0%
28 Apr49.5849.30+0.3%
29 Apr48.9449.40-1.0%
30 Apr47.5248.98-3.9%
01 May46.9248.48-5.1%
04 May46.7847.95-5.4%

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