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

HWM — oversold signal, 15 May

short term
RSI(2)9.8
RSI(14)54.3
Close $ · flag day260.35
Off 20-day high−7.3%
Avg volume2.6M

What followed

DateClose $ 5-day avg.vs flag close
15 May260.35269.83+0.0%
18 May256.99266.51-1.3%
19 May253.12263.19-2.8%
20 May261.21260.81+0.3%
21 May259.89258.31-0.2%
22 May256.55257.55-1.5%
26 May261.89258.53+0.6%
27 May258.02259.51-0.9%
28 May259.89259.25-0.2%
29 May258.25258.92-0.8%
01 Jun255.52258.71-1.9%

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