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

JNJ — oversold signal, 20 Mar

short term
RSI(2)8.1
RSI(14)41.7
Close $ · flag day235.37
Off 20-day high−6.5%
Avg volume8.4M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar235.37238.31+0.0%
23 Mar235.42236.76+0.0%
24 Mar235.27236.19-0.0%
25 Mar239.93236.72+1.9%
26 Mar239.24237.05+1.6%
27 Mar240.45238.06+2.2%
30 Mar242.49239.48+3.0%
31 Mar244.44241.31+3.9%
01 Apr244.12242.15+3.7%
02 Apr243.04242.91+3.3%
06 Apr240.97243.01+2.4%

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.