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

LMT — oversold signal, 06 May

long term
RSI(2)56.7
RSI(14)28.0
Close $ · flag day514.26
Off 20-day high−19.3%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
06 May514.26514.42+0.0%
07 May512.41513.30-0.4%
08 May506.51512.05-1.5%
11 May512.25510.87-0.4%
12 May521.00513.29+1.3%
13 May519.94514.42+1.1%
14 May520.41516.02+1.2%
15 May516.01517.92+0.3%
18 May528.31521.13+2.7%
19 May526.63522.26+2.4%
20 May522.59522.79+1.6%

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