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

FE — oversold signal, 15 May

long term
RSI(2)20.3
RSI(14)23.7
Close $ · flag day43.82
Off 20-day high−13.2%
Avg volume6.3M

What followed

DateClose $ 5-day avg.vs flag close
15 May43.8244.35+0.0%
18 May44.3244.29+1.1%
19 May45.0744.37+2.9%
20 May45.4444.63+3.7%
21 May45.5044.83+3.8%
22 May46.3145.33+5.7%
26 May46.6445.79+6.4%
27 May46.7846.13+6.8%
28 May46.1946.28+5.4%
29 May46.3946.46+5.9%
01 Jun45.3846.28+3.6%

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.

Research chart

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From the oversold list of 15 May. The freshest lists go out in the daily alert at 21:30 CET.