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

MDT — oversold signal, 08 May

long term
RSI(2)9.0
RSI(14)25.6
Close $ · flag day76.15
Off 20-day high−14.1%
Avg volume9.5M

What followed

DateClose $ 5-day avg.vs flag close
08 May76.1577.56+0.0%
11 May74.5476.81-2.1%
12 May76.8276.61+0.9%
13 May76.2176.34+0.1%
14 May76.9776.14+1.1%
15 May76.1576.14+0.0%
18 May77.3276.69+1.5%
19 May78.5877.05+3.2%
20 May78.1577.43+2.6%
21 May78.1577.67+2.6%
22 May78.6078.16+3.2%

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