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

GIS — oversold signal, 08 Apr

long term
RSI(2)14.2
RSI(14)29.9
Close $ · flag day36.60
Off 20-day high−13.4%
Avg volume11.2M

What followed

DateClose $ 5-day avg.vs flag close
08 Apr36.6037.14+0.0%
09 Apr36.7537.05+0.4%
10 Apr35.5936.68-2.8%
13 Apr34.5636.06-5.6%
14 Apr34.7035.64-5.2%
15 Apr34.4935.22-5.8%
16 Apr35.3234.93-3.5%
17 Apr35.5034.91-3.0%
20 Apr35.2835.06-3.6%
21 Apr35.0535.13-4.2%
22 Apr35.1935.27-3.9%

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 08 Apr. The freshest lists go out in the daily alert at 21:30 CET.