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

MKC — oversold signal, 17 Mar

long term
RSI(2)13.9
RSI(14)26.8
Close $ · flag day57.08
Off 20-day high−20.0%
Avg volume2.9M

What followed

DateClose $ 5-day avg.vs flag close
17 Mar57.0858.06+0.0%
18 Mar55.0657.09-3.5%
19 Mar54.0556.43-5.3%
20 Mar53.2355.42-6.7%
23 Mar53.2554.53-6.7%
24 Mar52.1153.54-8.7%
25 Mar52.7853.08-7.5%
26 Mar51.5852.59-9.6%
27 Mar53.0752.56-7.0%
30 Mar53.7252.65-5.9%
31 Mar50.4452.32-11.6%

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