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

LYB — oversold signal, 20 May

short term
RSI(2)8.9
RSI(14)45.5
Close $ · flag day71.30
Off 20-day high−9.1%
Avg volume5.6M

What followed

DateClose $ 5-day avg.vs flag close
20 May71.3073.36+0.0%
21 May70.0872.72-1.7%
22 May69.7271.65-2.2%
26 May69.0170.63-3.2%
27 May67.6769.56-5.1%
28 May68.3568.97-4.1%
29 May66.6568.28-6.5%
01 Jun67.1467.76-5.8%
02 Jun67.3167.42-5.6%
03 Jun67.3067.35-5.6%
04 Jun66.1866.92-7.2%

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