updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 30 Mar
long term
RSI(2) 3.7
RSI(14) 29.6
Close $ · flag day 60.06
Off 20-day high −17.4%
Avg volume 9.1M
What followed
Date Close $
5-day avg. vs flag close 30 Mar 60.06 63.41 +0.0% 31 Mar 64.61 63.21 +7.6% 01 Apr 65.38 63.25 +8.9% 02 Apr 65.60 63.53 +9.2% 06 Apr 67.22 64.57 +11.9% 07 Apr 67.51 66.06 +12.4% 08 Apr 70.73 67.29 +17.8% 09 Apr 71.22 68.46 +18.6% 10 Apr 71.56 69.65 +19.1% 13 Apr 73.55 70.91 +22.5% 14 Apr 74.50 72.31 +24.0%
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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