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

MGM — oversold signal, 07 Jul

short term
RSI(2)7.4
RSI(14)52.4
Close $ · flag day46.64
Off 20-day high−7.7%
Avg volume3.6M

What followed

DateClose $ 5-day avg.vs flag close
07 Jul46.6447.19+0.0%
08 Jul46.6046.95-0.1%
09 Jul46.4446.73-0.4%
10 Jul46.8846.69+0.5%
13 Jul47.2446.76+1.3%
14 Jul46.6746.77+0.1%
15 Jul46.8446.81+0.4%
16 Jul46.9046.91+0.6%
17 Jul46.1346.76-1.1%

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