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

MKC — oversold signal, 16 Mar

long term
RSI(2)21.5
RSI(14)27.8
Close $ · flag day57.69
Off 20-day high−19.7%
Avg volume2.9M

What followed

DateClose $ 5-day avg.vs flag close
16 Mar57.6959.32+0.0%
17 Mar57.0858.06-1.1%
18 Mar55.0657.09-4.6%
19 Mar54.0556.43-6.3%
20 Mar53.2355.42-7.7%
23 Mar53.2554.53-7.7%
24 Mar52.1153.54-9.7%
25 Mar52.7853.08-8.5%
26 Mar51.5852.59-10.6%
27 Mar53.0752.56-8.0%
30 Mar53.7252.65-6.9%

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