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

HWM — oversold signal, 02 Jun

short term
RSI(2)5.9
RSI(14)45.1
Close $ · flag day250.72
Off 20-day high−10.7%
Avg volume2.7M

What followed

DateClose $ 5-day avg.vs flag close
02 Jun250.72256.48+0.0%
03 Jun248.63254.60-0.8%
04 Jun249.33252.49-0.6%
05 Jun251.90251.22+0.5%
08 Jun246.55249.43-1.7%
09 Jun257.16250.71+2.6%
10 Jun249.49250.89-0.5%
11 Jun264.60253.94+5.5%
12 Jun264.67256.49+5.6%
15 Jun270.44261.27+7.9%
16 Jun277.42265.32+10.6%

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