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

MCHP — oversold signal, 06 Mar

long term
RSI(2)0.0
RSI(14)25.8
Close $ · flag day64.77
Off 20-day high−22.3%
Avg volume9.4M

What followed

DateClose $ 5-day avg.vs flag close
06 Mar64.7769.64+0.0%
09 Mar65.0067.77+0.4%
10 Mar65.3366.56+0.9%
11 Mar65.7965.74+1.6%
12 Mar62.7364.72-3.1%
13 Mar61.9464.16-4.4%
16 Mar63.8363.92-1.5%
17 Mar64.5963.78-0.3%
18 Mar64.7163.56-0.1%
19 Mar63.2963.67-2.3%
20 Mar62.9763.88-2.8%

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 06 Mar. The freshest lists go out in the daily alert at 21:30 CET.