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

JNJ — oversold signal, 29 May

short term
RSI(2)7.9
RSI(14)42.8
Close $ · flag day225.33
Off 20-day high−4.3%
Avg volume7.7M

What followed

DateClose $ 5-day avg.vs flag close
29 May225.33230.39+0.0%
01 Jun223.51228.22-0.8%
02 Jun222.89226.76-1.1%
03 Jun223.24225.15-0.9%
04 Jun228.17224.63+1.3%
05 Jun232.77226.12+3.3%
08 Jun232.16227.85+3.0%
09 Jun237.00230.67+5.2%
10 Jun238.49233.72+5.8%
11 Jun238.33235.75+5.8%
12 Jun240.87237.37+6.9%

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