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

IBM — oversold signal, 02 Jan

short term
RSI(2)2.0
RSI(14)34.3
Close $ · flag day291.50
Off 20-day high−7.6%
Avg volume3.6M

What followed

DateClose $ 5-day avg.vs flag close
02 Jan291.50300.12+0.0%
05 Jan294.97298.09+1.2%
06 Jan302.47297.44+3.8%
07 Jan296.73296.38+1.8%
08 Jan302.72297.68+3.8%
09 Jan304.22300.22+4.4%
12 Jan312.18303.66+7.1%
13 Jan303.16303.80+4.0%
14 Jan309.03306.26+6.0%
15 Jan297.95305.31+2.2%
16 Jan305.67305.60+4.9%

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