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

MGM — oversold signal, 08 Jul

short term
RSI(2)6.6
RSI(14)52.2
Close $ · flag day46.60
Off 20-day high−7.8%
Avg volume3.5M

What followed

DateClose $ 5-day avg.vs flag close
08 Jul46.6046.95+0.0%
09 Jul46.4446.73-0.3%
10 Jul46.8846.69+0.6%
13 Jul47.2446.76+1.4%
14 Jul46.6746.77+0.2%
15 Jul46.8446.81+0.5%
16 Jul46.9046.91+0.6%
17 Jul46.1346.76-1.0%

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