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

MCHP — oversold signal, 25 Feb

short term
RSI(2)7.1
RSI(14)48.4
Close $ · flag day75.47
Off 20-day high−9.5%
Avg volume10.1M

What followed

DateClose $ 5-day avg.vs flag close
25 Feb75.4776.58+0.0%
26 Feb74.9776.14-0.7%
27 Feb74.6475.52-1.1%
02 Mar74.3175.06-1.5%
03 Mar71.3974.16-5.4%
04 Mar69.9073.04-7.4%
05 Mar67.8171.61-10.1%
06 Mar64.7769.64-14.2%
09 Mar65.0067.77-13.9%
10 Mar65.3366.56-13.4%
11 Mar65.7965.74-12.8%

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