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

INCY — oversold signal, 18 May

short term
RSI(2)4.4
RSI(14)44.6
Close $ · flag day95.19
Off 20-day high−7.6%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
18 May95.1997.22+0.0%
19 May95.6096.51+0.4%
20 May97.0896.16+2.0%
21 May97.4196.12+2.3%
22 May97.1696.49+2.1%
26 May97.1096.87+2.0%
27 May97.3497.22+2.3%
28 May97.5097.30+2.4%
29 May96.7497.17+1.6%
01 Jun95.5996.85+0.4%
02 Jun92.2495.88-3.1%

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