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

FITB — oversold signal, 13 May

short term
RSI(2)1.8
RSI(14)37.9
Close $ · flag day47.17
Off 20-day high−9.0%
Avg volume5.6M

What followed

DateClose $ 5-day avg.vs flag close
13 May47.1748.69+0.0%
14 May47.7048.30+1.1%
15 May47.3547.90+0.4%
18 May47.9447.76+1.6%
19 May47.6047.55+0.9%
20 May48.8647.89+3.6%
21 May49.1648.18+4.2%
22 May49.4848.61+4.9%
26 May49.8248.98+5.6%
27 May49.8949.44+5.8%
28 May49.8849.65+5.7%

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.