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

MGM — oversold signal, 09 Jul

short term
RSI(2)3.6
RSI(14)51.2
Close $ · flag day46.44
Off 20-day high−8.1%
Avg volume3.4M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
09 Jul46.4446.73+0.0%
10 Jul46.8846.69+0.9%
13 Jul47.2446.76+1.7%
14 Jul46.6746.77+0.5%
15 Jul46.8446.81+0.9%
16 Jul46.9046.91+1.0%
17 Jul46.1346.76-0.7%

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