updated 2026-07-24 14:52 UTC
MCHP — oversold signal, 19 May
short term
RSI(2) 2.2
RSI(14) 54.8
Close $ · flag day 91.81
Off 20-day high −13.3%
Avg volume 12.0M
What followed
Date Close $
5-day avg. vs flag close
19 May 91.81 94.43 +0.0% 20 May 94.02 93.90 +2.4% 21 May 91.11 92.71 -0.8% 22 May 93.43 92.63 +1.8% 26 May 98.05 93.68 +6.8% 27 May 96.85 94.69 +5.5% 28 May 96.04 95.10 +4.6% 29 May 94.65 95.80 +3.1% 01 Jun 91.52 95.42 -0.3% 02 Jun 96.96 95.20 +5.6% 03 Jun 96.55 95.14 +5.2%
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
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