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

MCHP — oversold signal, 09 Feb

short term
RSI(2)9.2
RSI(14)50.9
Close $ · flag day74.41
Off 20-day high−8.6%
Avg volume9.9M

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

What followed

DateClose $ 5-day avg.vs flag close
09 Feb74.4176.67+0.0%
10 Feb76.8676.71+3.3%
11 Feb80.7577.21+8.5%
12 Feb78.9277.39+6.1%
13 Feb78.5677.90+5.6%
17 Feb78.9478.81+6.1%
18 Feb79.1179.26+6.3%
19 Feb77.1678.54+3.7%
20 Feb77.7378.30+4.5%
23 Feb76.6077.91+2.9%
24 Feb75.9377.31+2.0%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 09 Feb. The freshest lists go out in the daily alert at 21:30 CET.