updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 15 May
short term
RSI(2) 5.6
RSI(14) 59.3
Close $ · flag day 93.85
Off 20-day high −11.4%
Avg volume 12.0M
What followed
Date Close $
5-day avg. vs flag close 15 May 93.85 96.87 +0.0% 18 May 92.76 95.61 -1.2% 19 May 91.81 94.43 -2.2% 20 May 94.02 93.90 +0.2% 21 May 91.11 92.71 -2.9% 22 May 93.43 92.63 -0.4% 26 May 98.05 93.68 +4.5% 27 May 96.85 94.69 +3.2% 28 May 96.04 95.10 +2.3% 29 May 94.65 95.80 +0.9% 01 Jun 91.52 95.42 -2.5%
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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