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

MDT — oversold signal, 07 May

long term
RSI(2)42.9
RSI(14)29.2
Close $ · flag day77.96
Off 20-day high−12.1%
Avg volume9.4M

What followed

DateClose $ 5-day avg.vs flag close
07 May77.9678.33+0.0%
08 May76.1577.56-2.3%
11 May74.5476.81-4.4%
12 May76.8276.61-1.5%
13 May76.2176.34-2.2%
14 May76.9776.14-1.3%
15 May76.1576.14-2.3%
18 May77.3276.69-0.8%
19 May78.5877.05+0.8%
20 May78.1577.43+0.2%
21 May78.1577.67+0.2%

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.

Research chart

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From the oversold list of 07 May. The freshest lists go out in the daily alert at 21:30 CET.