updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 04 Mar
short term
RSI(2) 0.1
RSI(14) 34.3
Close $ · flag day 69.90
Off 20-day high −16.1%
Avg volume 9.6M
What followed
Date Close $
5-day avg. vs flag close
04 Mar 69.90 73.04 +0.0% 05 Mar 67.81 71.61 -3.0% 06 Mar 64.77 69.64 -7.3% 09 Mar 65.00 67.77 -7.0% 10 Mar 65.33 66.56 -6.5% 11 Mar 65.79 65.74 -5.9% 12 Mar 62.73 64.72 -10.3% 13 Mar 61.94 64.16 -11.4% 16 Mar 63.83 63.92 -8.7% 17 Mar 64.59 63.78 -7.6% 18 Mar 64.71 63.56 -7.4%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
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recommendation — decisions are yours alone. Figures shown are backtested
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