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

MGM — oversold signal, 30 Mar

short term
RSI(2)9.1
RSI(14)46.7
Close $ · flag day35.62
Off 20-day high−6.2%
Avg volume5.0M

What followed

DateClose $ 5-day avg.vs flag close
30 Mar35.6236.82+0.0%
31 Mar37.0136.80+3.9%
01 Apr36.7836.66+3.3%
02 Apr36.6836.48+3.0%
06 Apr37.6036.74+5.6%
07 Apr37.8937.19+6.4%
08 Apr37.1037.21+4.2%
09 Apr36.9337.24+3.7%
10 Apr37.3237.37+4.8%
13 Apr36.7537.20+3.2%
14 Apr36.7336.97+3.1%

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