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

FE — oversold signal, 13 May

long term
RSI(2)14.1
RSI(14)21.8
Close $ · flag day44.12
Off 20-day high−13.1%
Avg volume6.4M

What followed

DateClose $ 5-day avg.vs flag close
13 May44.1244.59+0.0%
14 May44.5044.45+0.9%
15 May43.8244.35-0.7%
18 May44.3244.29+0.5%
19 May45.0744.37+2.2%
20 May45.4444.63+3.0%
21 May45.5044.83+3.1%
22 May46.3145.33+5.0%
26 May46.6445.79+5.7%
27 May46.7846.13+6.0%
28 May46.1946.28+4.7%

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