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

MKC — oversold signal, 23 Jan

long term
RSI(2)3.5
RSI(14)29.9
Close $ · flag day60.79
Off 20-day high−12.8%
Avg volume4.0M

What followed

DateClose $ 5-day avg.vs flag close
23 Jan60.7964.68+0.0%
26 Jan60.9763.47+0.3%
27 Jan63.4162.59+4.3%
28 Jan61.8661.65+1.8%
29 Jan61.3261.67+0.9%
30 Jan61.8361.88+1.7%
02 Feb61.1061.90+0.5%
03 Feb63.2961.88+4.1%
04 Feb66.5862.82+9.5%
05 Feb66.9863.96+10.2%
06 Feb67.4265.07+10.9%

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