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

ITW — oversold signal, 19 Mar

short termlong term
RSI(2)6.7
RSI(14)28.4
Close $ · flag day260.62
Off 20-day high−12.6%
Avg volume1.3M

What followed

DateClose $ 5-day avg.vs flag close
19 Mar260.62264.95+0.0%
20 Mar257.68263.08-1.1%
23 Mar262.75261.91+0.8%
24 Mar265.04261.37+1.7%
25 Mar266.45262.51+2.2%
26 Mar261.37262.66+0.3%
27 Mar259.04262.93-0.6%
30 Mar256.19261.62-1.7%
31 Mar260.29260.67-0.1%
01 Apr260.54259.49-0.0%
02 Apr258.21258.85-0.9%

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