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

MDT — oversold signal, 06 May

long term
RSI(2)8.6
RSI(14)27.3
Close $ · flag day77.60
Off 20-day high−12.5%
Avg volume9.3M

What followed

DateClose $ 5-day avg.vs flag close
06 May77.6078.93+0.0%
07 May77.9678.33+0.5%
08 May76.1577.56-1.9%
11 May74.5476.81-3.9%
12 May76.8276.61-1.0%
13 May76.2176.34-1.8%
14 May76.9776.14-0.8%
15 May76.1576.14-1.9%
18 May77.3276.69-0.4%
19 May78.5877.05+1.3%
20 May78.1577.43+0.7%

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 06 May. The freshest lists go out in the daily alert at 21:30 CET.