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

FE — oversold signal, 07 May

long term
RSI(2)0.3
RSI(14)22.0
Close $ · flag day45.17
Off 20-day high−13.1%
Avg volume6.2M

What followed

DateClose $ 5-day avg.vs flag close
07 May45.1746.06+0.0%
08 May44.3345.54-1.9%
11 May44.6045.11-1.3%
12 May44.7144.87-1.0%
13 May44.1244.59-2.3%
14 May44.5044.45-1.5%
15 May43.8244.35-3.0%
18 May44.3244.29-1.9%
19 May45.0744.37-0.2%
20 May45.4444.63+0.6%
21 May45.5044.83+0.7%

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