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

IBM — oversold signal, 23 Feb

long term
RSI(2)2.3
RSI(14)22.8
Close $ · flag day223.35
Off 20-day high−30.2%
Avg volume6.8M

What followed

DateClose $ 5-day avg.vs flag close
23 Feb223.35251.18+0.0%
24 Feb229.32245.38+2.7%
25 Feb237.54240.73+6.4%
26 Feb242.01237.88+8.4%
27 Feb240.21234.49+7.5%
02 Mar239.37237.69+7.2%
03 Mar245.28240.88+9.8%
04 Mar250.06243.39+12.0%
05 Mar256.55246.29+14.9%
06 Mar258.85250.02+15.9%
09 Mar253.33252.81+13.4%

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