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

IBM — oversold signal, 09 Jun

short term
RSI(2)7.6
RSI(14)55.7
Close $ · flag day277.49
Off 20-day high−16.5%
Avg volume12.5M

What followed

DateClose $ 5-day avg.vs flag close
09 Jun277.49290.11+0.0%
10 Jun272.36283.46-1.8%
11 Jun274.85278.07-1.0%
12 Jun272.24275.55-1.9%
15 Jun268.71273.13-3.2%
16 Jun270.81271.79-2.4%
17 Jun262.35269.79-5.5%
18 Jun249.10264.64-10.2%
22 Jun252.22260.64-9.1%
23 Jun264.94259.88-4.5%
24 Jun262.96258.31-5.2%

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