updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 09 Mar
long term
RSI(2) 8.6
RSI(14) 26.7
Close $ · flag day 65.00
Off 20-day high −22.0%
Avg volume 9.0M
What followed
Date Close $
5-day avg. vs flag close 09 Mar 65.00 67.77 +0.0% 10 Mar 65.33 66.56 +0.5% 11 Mar 65.79 65.74 +1.2% 12 Mar 62.73 64.72 -3.5% 13 Mar 61.94 64.16 -4.7% 16 Mar 63.83 63.92 -1.8% 17 Mar 64.59 63.78 -0.6% 18 Mar 64.71 63.56 -0.4% 19 Mar 63.29 63.67 -2.6% 20 Mar 62.97 63.88 -3.1% 23 Mar 64.34 63.98 -1.0%
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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