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

FE — oversold signal, 08 May

long term
RSI(2)0.1
RSI(14)19.4
Close $ · flag day44.33
Off 20-day high−13.9%
Avg volume6.4M

What followed

DateClose $ 5-day avg.vs flag close
08 May44.3345.54+0.0%
11 May44.6045.11+0.6%
12 May44.7144.87+0.9%
13 May44.1244.59-0.5%
14 May44.5044.45+0.4%
15 May43.8244.35-1.2%
18 May44.3244.29-0.0%
19 May45.0744.37+1.7%
20 May45.4444.63+2.5%
21 May45.5044.83+2.6%
22 May46.3145.33+4.5%

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