updated 2026-07-24 14:52 UTC
FE — oversold signal, 18 May
long term
RSI(2) 58.5
RSI(14) 29.4
Close $ · flag day 44.32
Off 20-day high −11.3%
Avg volume 6.4M
What followed
Date Close $
5-day avg. vs flag close 18 May 44.32 44.29 +0.0% 19 May 45.07 44.37 +1.7% 20 May 45.44 44.63 +2.5% 21 May 45.50 44.83 +2.7% 22 May 46.31 45.33 +4.5% 26 May 46.64 45.79 +5.2% 27 May 46.78 46.13 +5.6% 28 May 46.19 46.28 +4.2% 29 May 46.39 46.46 +4.7% 01 Jun 45.38 46.28 +2.4% 02 Jun 45.32 46.01 +2.3%
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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