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

IRM — oversold signal, 28 Apr

short term
RSI(2)2.9
RSI(14)54.3
Close $ · flag day112.62
Off 20-day high−6.9%
Avg volume1.4M

What followed

DateClose $ 5-day avg.vs flag close
28 Apr112.62114.95+0.0%
29 Apr114.52114.41+1.7%
30 Apr125.99116.38+11.9%
01 May127.19118.61+12.9%
04 May128.22121.71+13.9%
05 May131.70125.52+16.9%
06 May132.06129.03+17.3%
07 May126.81129.20+12.6%
08 May128.84129.53+14.4%
11 May129.96129.87+15.4%
12 May126.21128.78+12.1%

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 28 Apr. The freshest lists go out in the daily alert at 21:30 CET.