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

HWM — oversold signal, 18 May

short term
RSI(2)6.6
RSI(14)51.7
Close $ · flag day256.99
Off 20-day high−8.5%
Avg volume2.6M

What followed

DateClose $ 5-day avg.vs flag close
18 May256.99266.51+0.0%
19 May253.12263.19-1.5%
20 May261.21260.81+1.6%
21 May259.89258.31+1.1%
22 May256.55257.55-0.2%
26 May261.89258.53+1.9%
27 May258.02259.51+0.4%
28 May259.89259.25+1.1%
29 May258.25258.92+0.5%
01 Jun255.52258.71-0.6%
02 Jun250.72256.48-2.4%

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