updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 13 Mar
long term
RSI(2) 6.5
RSI(14) 24.1
Close $ · flag day 61.94
Off 20-day high −23.5%
Avg volume 8.3M
What followed
Date Close $
5-day avg. vs flag close 13 Mar 61.94 64.16 +0.0% 16 Mar 63.83 63.92 +3.1% 17 Mar 64.59 63.78 +4.3% 18 Mar 64.71 63.56 +4.5% 19 Mar 63.29 63.67 +2.2% 20 Mar 62.97 63.88 +1.7% 23 Mar 64.34 63.98 +3.9% 24 Mar 65.63 64.19 +6.0% 25 Mar 65.16 64.28 +5.2% 26 Mar 64.20 64.46 +3.6% 27 Mar 62.00 64.27 +0.1%
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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