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

FTV — oversold signal, 14 May

short term
RSI(2)2.4
RSI(14)44.9
Close $ · flag day58.92
Off 20-day high−6.2%
Avg volume3.3M

What followed

DateClose $ 5-day avg.vs flag close
14 May58.9259.87+0.0%
15 May58.7259.53-0.3%
18 May59.0159.27+0.2%
19 May58.2058.85-1.2%
20 May59.0358.78+0.2%
21 May59.0258.80+0.2%
22 May59.1358.88+0.4%
26 May60.3259.14+2.4%
27 May59.9159.48+1.7%
28 May59.1759.51+0.4%
29 May58.3259.37-1.0%

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.