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

GILD — oversold signal, 15 May

short term
RSI(2)8.8
RSI(14)39.6
Close $ · flag day129.58
Off 20-day high−6.5%
Avg volume6.2M

What followed

DateClose $ 5-day avg.vs flag close
15 May129.58132.63+0.0%
18 May129.67131.86+0.1%
19 May130.50130.97+0.7%
20 May130.69130.50+0.9%
21 May130.50130.19+0.7%
22 May134.36131.14+3.7%
26 May133.73131.96+3.2%
27 May133.69132.59+3.2%
28 May136.22133.70+5.1%
29 May134.43134.49+3.7%
01 Jun131.10133.83+1.2%

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