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

FE — oversold signal, 22 Apr

short term
RSI(2)0.4
RSI(14)32.7
Close $ · flag day48.43
Off 20-day high−7.5%
Avg volume4.1M

What followed

DateClose $ 5-day avg.vs flag close
22 Apr48.4349.41+0.0%
23 Apr49.6249.22+2.5%
24 Apr49.4149.08+2.0%
27 Apr49.4449.08+2.1%
28 Apr49.5849.30+2.4%
29 Apr48.9449.40+1.1%
30 Apr47.5248.98-1.9%
01 May46.9248.48-3.1%
04 May46.7847.95-3.4%
05 May45.8847.21-5.3%
06 May45.5546.53-5.9%

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