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

LRCX — oversold signal, 19 May

short term
RSI(2)7.8
RSI(14)51.2
Close $ · flag day273.38
Off 20-day high−9.5%
Avg volume9.7M

What followed

DateClose $ 5-day avg.vs flag close
19 May273.38286.13+0.0%
20 May292.09285.46+6.8%
21 May302.24286.08+10.6%
22 May305.35290.20+11.7%
26 May322.68299.15+18.0%
27 May318.93308.26+16.7%
28 May318.00313.44+16.3%
29 May318.18316.63+16.4%
01 Jun317.12318.98+16.0%
02 Jun334.41321.33+22.3%
03 Jun343.71326.28+25.7%

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