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

FE — oversold signal, 30 Apr

short term
RSI(2)4.1
RSI(14)31.8
Close $ · flag day47.52
Off 20-day high−9.2%
Avg volume4.8M

What followed

DateClose $ 5-day avg.vs flag close
30 Apr47.5248.98+0.0%
01 May46.9248.48-1.3%
04 May46.7847.95-1.6%
05 May45.8847.21-3.5%
06 May45.5546.53-4.1%
07 May45.1746.06-4.9%
08 May44.3345.54-6.7%
11 May44.6045.11-6.1%
12 May44.7144.87-5.9%
13 May44.1244.59-7.2%
14 May44.5044.45-6.4%

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