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

IRM — oversold signal, 20 Mar

short term
RSI(2)1.6
RSI(14)37.7
Close $ · flag day99.61
Off 20-day high−13.6%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar99.61105.15+0.0%
23 Mar101.94104.04+2.3%
24 Mar100.71102.59+1.1%
25 Mar100.53101.55+0.9%
26 Mar100.21100.60+0.6%
27 Mar98.30100.34-1.3%
30 Mar97.6099.47-2.0%
31 Mar102.1499.76+2.5%
01 Apr100.9599.84+1.3%
02 Apr103.30100.46+3.7%
06 Apr104.36101.67+4.8%

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 20 Mar. The freshest lists go out in the daily alert at 21:30 CET.