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

JNJ — oversold signal, 08 May

short term
RSI(2)7.4
RSI(14)32.9
Close $ · flag day221.32
Off 20-day high−8.6%
Avg volume7.8M

What followed

DateClose $ 5-day avg.vs flag close
08 May221.32223.64+0.0%
11 May221.43223.09+0.0%
12 May224.26222.83+1.3%
13 May230.42223.99+4.1%
14 May230.80225.65+4.3%
15 May226.71226.72+2.4%
18 May228.92228.22+3.4%
19 May230.00229.37+3.9%
20 May229.32229.15+3.6%
21 May231.73229.34+4.7%
22 May234.34230.86+5.9%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 08 May. The freshest lists go out in the daily alert at 21:30 CET.