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

LYB — oversold signal, 22 May

short term
RSI(2)3.8
RSI(14)42.1
Close $ · flag day69.72
Off 20-day high−11.1%
Avg volume5.6M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
22 May69.7271.65+0.0%
26 May69.0170.63-1.0%
27 May67.6769.56-2.9%
28 May68.3568.97-2.0%
29 May66.6568.28-4.4%
01 Jun67.1467.76-3.7%
02 Jun67.3167.42-3.5%
03 Jun67.3067.35-3.5%
04 Jun66.1866.92-5.1%
05 Jun64.5066.49-7.5%
08 Jun64.4365.94-7.6%

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