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

HWM — oversold signal, 19 May

short term
RSI(2)3.8
RSI(14)48.8
Close $ · flag day253.12
Off 20-day high−9.8%
Avg volume2.6M

What followed

DateClose $ 5-day avg.vs flag close
19 May253.12263.19+0.0%
20 May261.21260.81+3.2%
21 May259.89258.31+2.7%
22 May256.55257.55+1.4%
26 May261.89258.53+3.5%
27 May258.02259.51+1.9%
28 May259.89259.25+2.7%
29 May258.25258.92+2.0%
01 Jun255.52258.71+0.9%
02 Jun250.72256.48-0.9%
03 Jun248.63254.60-1.8%

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