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

MGM — oversold signal, 05 Jan

short term
RSI(2)3.3
RSI(14)49.2
Close $ · flag day35.96
Off 20-day high−5.8%
Avg volume3.8M

What followed

DateClose $ 5-day avg.vs flag close
05 Jan35.9636.57+0.0%
06 Jan35.7436.28-0.6%
07 Jan34.1235.76-5.1%
08 Jan35.1535.49-2.3%
09 Jan34.4535.08-4.2%
12 Jan34.8234.86-3.2%
13 Jan34.6534.64-3.6%
14 Jan34.4134.70-4.3%
15 Jan35.4134.75-1.5%
16 Jan34.9834.85-2.7%
20 Jan33.6034.61-6.6%

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 05 Jan. The freshest lists go out in the daily alert at 21:30 CET.