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

MCHP — oversold signal, 04 Mar

short term
RSI(2)0.1
RSI(14)34.3
Close $ · flag day69.90
Off 20-day high−16.1%
Avg volume9.6M

What followed

DateClose $ 5-day avg.vs flag close
04 Mar69.9073.04+0.0%
05 Mar67.8171.61-3.0%
06 Mar64.7769.64-7.3%
09 Mar65.0067.77-7.0%
10 Mar65.3366.56-6.5%
11 Mar65.7965.74-5.9%
12 Mar62.7364.72-10.3%
13 Mar61.9464.16-11.4%
16 Mar63.8363.92-8.7%
17 Mar64.5963.78-7.6%
18 Mar64.7163.56-7.4%

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.

Research chart

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From the oversold list of 04 Mar. The freshest lists go out in the daily alert at 21:30 CET.