updated 2026-07-24 14:52 UTC
FE — oversold signal, 11 May
long term
RSI(2) 29.7
RSI(14) 22.6
Close $ · flag day 44.60
Off 20-day high −13.0%
Avg volume 6.5M
What followed
Date Close $
5-day avg. vs flag close 11 May 44.60 45.11 +0.0% 12 May 44.71 44.87 +0.2% 13 May 44.12 44.59 -1.1% 14 May 44.50 44.45 -0.2% 15 May 43.82 44.35 -1.7% 18 May 44.32 44.29 -0.6% 19 May 45.07 44.37 +1.1% 20 May 45.44 44.63 +1.9% 21 May 45.50 44.83 +2.0% 22 May 46.31 45.33 +3.8% 26 May 46.64 45.79 +4.6%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
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recommendation — decisions are yours alone. Figures shown are backtested
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