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

MCHP — oversold signal, 26 Feb

short term
RSI(2)4.0
RSI(14)47.0
Close $ · flag day74.97
Off 20-day high−10.1%
Avg volume9.8M

What followed

DateClose $ 5-day avg.vs flag close
26 Feb74.9776.14+0.0%
27 Feb74.6475.52-0.4%
02 Mar74.3175.06-0.9%
03 Mar71.3974.16-4.8%
04 Mar69.9073.04-6.8%
05 Mar67.8171.61-9.6%
06 Mar64.7769.64-13.6%
09 Mar65.0067.77-13.3%
10 Mar65.3366.56-12.9%
11 Mar65.7965.74-12.2%
12 Mar62.7364.72-16.3%

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