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

ITW — oversold signal, 06 Mar

short term
RSI(2)4.1
RSI(14)40.9
Close $ · flag day277.16
Off 20-day high−8.6%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
06 Mar277.16284.80+0.0%
09 Mar276.58281.88-0.2%
10 Mar273.29279.34-1.4%
11 Mar271.52276.21-2.0%
12 Mar265.62272.83-4.2%
13 Mar266.99270.80-3.7%
16 Mar268.64269.21-3.1%
17 Mar267.74268.10-3.4%
18 Mar260.74265.95-5.9%
19 Mar260.62264.95-6.0%
20 Mar257.68263.08-7.0%

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