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

GIS — oversold signal, 16 Mar

long term
RSI(2)1.1
RSI(14)23.4
Close $ · flag day38.98
Off 20-day high−16.5%
Avg volume8.5M

What followed

DateClose $ 5-day avg.vs flag close
16 Mar38.9840.14+0.0%
17 Mar38.7439.43-0.6%
18 Mar37.5938.82-3.6%
19 Mar37.5038.44-3.8%
20 Mar37.0137.96-5.1%
23 Mar37.3637.64-4.2%
24 Mar36.8037.25-5.6%
25 Mar36.1736.97-7.2%
26 Mar36.0236.67-7.6%
27 Mar36.4536.56-6.5%
30 Mar37.1136.51-4.8%

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 16 Mar. The freshest lists go out in the daily alert at 21:30 CET.