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

IR — oversold signal, 19 May

long term
RSI(2)2.7
RSI(14)28.2
Close $ · flag day68.54
Off 20-day high−20.4%
Avg volume3.9M

What followed

DateClose $ 5-day avg.vs flag close
19 May68.5470.41+0.0%
20 May70.3770.21+2.7%
21 May70.2869.90+2.5%
22 May70.9170.01+3.5%
26 May72.4370.51+5.7%
27 May70.9670.99+3.5%
28 May70.9971.11+3.6%
29 May71.6471.39+4.5%
01 Jun70.9671.40+3.5%
02 Jun71.6271.23+4.5%
03 Jun70.0771.06+2.2%

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