Closing Note
updated 2026-07-24 14:52 UTC

MDT — oversold signal, 04 May

long term
RSI(2)13.6
RSI(14)28.6
Close $ · flag day78.30
Off 20-day high−11.9%
Avg volume9.2M

What followed

DateClose $ 5-day avg.vs flag close
04 May78.3080.11+0.0%
05 May77.7979.29-0.7%
06 May77.6078.93-0.9%
07 May77.9678.33-0.4%
08 May76.1577.56-2.7%
11 May74.5476.81-4.8%
12 May76.8276.61-1.9%
13 May76.2176.34-2.7%
14 May76.9776.14-1.7%
15 May76.1576.14-2.7%
18 May77.3276.69-1.3%

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.

Research chart

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From the oversold list of 04 May. The freshest lists go out in the daily alert at 21:30 CET.