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

LYB — oversold signal, 21 May

short term
RSI(2)4.8
RSI(14)42.8
Close $ · flag day70.08
Off 20-day high−10.6%
Avg volume5.5M

What followed

DateClose $ 5-day avg.vs flag close
21 May70.0872.72+0.0%
22 May69.7271.65-0.5%
26 May69.0170.63-1.5%
27 May67.6769.56-3.4%
28 May68.3568.97-2.5%
29 May66.6568.28-4.9%
01 Jun67.1467.76-4.2%
02 Jun67.3167.42-4.0%
03 Jun67.3067.35-4.0%
04 Jun66.1866.92-5.6%
05 Jun64.5066.49-8.0%

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