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

JNJ — oversold signal, 17 Apr

short term
RSI(2)9.1
RSI(14)39.0
Close $ · flag day234.18
Off 20-day high−5.3%
Avg volume7.8M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
17 Apr234.18237.09+0.0%
20 Apr230.69235.64-1.5%
21 Apr226.16232.85-3.4%
22 Apr226.10230.33-3.5%
23 Apr230.65229.56-1.5%
24 Apr227.50228.22-2.9%
27 Apr225.34227.15-3.8%
28 Apr227.79227.48-2.7%
29 Apr227.35227.73-2.9%
30 Apr229.85227.57-1.8%
01 May227.19227.50-3.0%

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