updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 10 Mar
long term
RSI(2) 26.8
RSI(14) 28.1
Close $ · flag day 65.33
Off 20-day high −21.6%
Avg volume 9.0M
What followed
Date Close $
5-day avg. vs flag close 10 Mar 65.33 66.56 +0.0% 11 Mar 65.79 65.74 +0.7% 12 Mar 62.73 64.72 -4.0% 13 Mar 61.94 64.16 -5.2% 16 Mar 63.83 63.92 -2.3% 17 Mar 64.59 63.78 -1.1% 18 Mar 64.71 63.56 -0.9% 19 Mar 63.29 63.67 -3.1% 20 Mar 62.97 63.88 -3.6% 23 Mar 64.34 63.98 -1.5% 24 Mar 65.63 64.19 +0.5%
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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