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

FE — oversold signal, 05 May

long term
RSI(2)0.7
RSI(14)24.6
Close $ · flag day45.88
Off 20-day high−12.3%
Avg volume5.9M

What followed

DateClose $ 5-day avg.vs flag close
05 May45.8847.21+0.0%
06 May45.5546.53-0.7%
07 May45.1746.06-1.5%
08 May44.3345.54-3.4%
11 May44.6045.11-2.8%
12 May44.7144.87-2.6%
13 May44.1244.59-3.8%
14 May44.5044.45-3.0%
15 May43.8244.35-4.5%
18 May44.3244.29-3.4%
19 May45.0744.37-1.8%

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