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

FE — oversold signal, 04 May

short termlong term
RSI(2)2.1
RSI(14)28.3
Close $ · flag day46.78
Off 20-day high−10.6%
Avg volume5.6M

What followed

DateClose $ 5-day avg.vs flag close
04 May46.7847.95+0.0%
05 May45.8847.21-1.9%
06 May45.5546.53-2.6%
07 May45.1746.06-3.4%
08 May44.3345.54-5.2%
11 May44.6045.11-4.7%
12 May44.7144.87-4.4%
13 May44.1244.59-5.7%
14 May44.5044.45-4.9%
15 May43.8244.35-6.3%
18 May44.3244.29-5.3%

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