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

MKC — oversold signal, 13 Mar

long term
RSI(2)29.2
RSI(14)28.8
Close $ · flag day58.29
Off 20-day high−19.5%
Avg volume3.0M

What followed

DateClose $ 5-day avg.vs flag close
13 Mar58.2960.62+0.0%
16 Mar57.6959.32-1.0%
17 Mar57.0858.06-2.1%
18 Mar55.0657.09-5.5%
19 Mar54.0556.43-7.3%
20 Mar53.2355.42-8.7%
23 Mar53.2554.53-8.6%
24 Mar52.1153.54-10.6%
25 Mar52.7853.08-9.5%
26 Mar51.5852.59-11.5%
27 Mar53.0752.56-9.0%

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