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

LULU — oversold signal, 18 May

long term
RSI(2)39.4
RSI(14)26.3
Close $ · flag day120.26
Off 20-day high−29.3%
Avg volume3.6M

What followed

DateClose $ 5-day avg.vs flag close
18 May120.26121.36+0.0%
19 May119.22120.18-0.9%
20 May125.19120.97+4.1%
21 May126.76122.11+5.4%
22 May127.18123.72+5.8%
26 May127.35125.14+5.9%
27 May131.04127.50+9.0%
28 May131.33128.73+9.2%
29 May131.18129.62+9.1%
01 Jun132.09130.60+9.8%
02 Jun126.47130.42+5.2%

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