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

MDT — oversold signal, 11 May

long term
RSI(2)3.7
RSI(14)22.8
Close $ · flag day74.54
Off 20-day high−15.9%
Avg volume9.6M

What followed

DateClose $ 5-day avg.vs flag close
11 May74.5476.81+0.0%
12 May76.8276.61+3.1%
13 May76.2176.34+2.2%
14 May76.9776.14+3.3%
15 May76.1576.14+2.2%
18 May77.3276.69+3.7%
19 May78.5877.05+5.4%
20 May78.1577.43+4.8%
21 May78.1577.67+4.8%
22 May78.6078.16+5.4%
26 May77.6078.22+4.1%

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