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

IBM — oversold signal, 24 Feb

long term
RSI(2)26.4
RSI(14)27.1
Close $ · flag day229.32
Off 20-day high−28.3%
Avg volume7.3M

What followed

DateClose $ 5-day avg.vs flag close
24 Feb229.32245.38+0.0%
25 Feb237.54240.73+3.6%
26 Feb242.01237.88+5.5%
27 Feb240.21234.49+4.7%
02 Mar239.37237.69+4.4%
03 Mar245.28240.88+7.0%
04 Mar250.06243.39+9.0%
05 Mar256.55246.29+11.9%
06 Mar258.85250.02+12.9%
09 Mar253.33252.81+10.5%
10 Mar250.20253.80+9.1%

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