updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 05 Mar
short term
RSI(2) 0.0
RSI(14) 30.4
Close $ · flag day 67.81
Off 20-day high −18.6%
Avg volume 9.3M
What followed
Date Close $
5-day avg. vs flag close 05 Mar 67.81 71.61 +0.0% 06 Mar 64.77 69.64 -4.5% 09 Mar 65.00 67.77 -4.1% 10 Mar 65.33 66.56 -3.7% 11 Mar 65.79 65.74 -3.0% 12 Mar 62.73 64.72 -7.5% 13 Mar 61.94 64.16 -8.7% 16 Mar 63.83 63.92 -5.9% 17 Mar 64.59 63.78 -4.7% 18 Mar 64.71 63.56 -4.6% 19 Mar 63.29 63.67 -6.7%
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
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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