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

GM — oversold signal, 02 Mar

short term
RSI(2)9.4
RSI(14)40.4
Close $ · flag day77.76
Off 20-day high−11.3%
Avg volume8.1M

What followed

DateClose $ 5-day avg.vs flag close
02 Mar77.7680.20+0.0%
03 Mar77.2779.39-0.6%
04 Mar78.6078.63+1.1%
05 Mar76.2077.71-2.0%
06 Mar75.2177.01-3.3%
09 Mar74.6976.39-3.9%
10 Mar74.9375.93-3.6%
11 Mar74.7975.16-3.8%
12 Mar73.4574.61-5.5%
13 Mar72.3974.05-6.9%
16 Mar72.9573.70-6.2%

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