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

FE — oversold signal, 14 May

long term
RSI(2)54.1
RSI(14)26.4
Close $ · flag day44.50
Off 20-day high−11.9%
Avg volume6.4M

What followed

DateClose $ 5-day avg.vs flag close
14 May44.5044.45+0.0%
15 May43.8244.35-1.5%
18 May44.3244.29-0.4%
19 May45.0744.37+1.3%
20 May45.4444.63+2.1%
21 May45.5044.83+2.2%
22 May46.3145.33+4.1%
26 May46.6445.79+4.8%
27 May46.7846.13+5.1%
28 May46.1946.28+3.8%
29 May46.3946.46+4.2%

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