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

MKC — oversold signal, 23 Mar

long term
RSI(2)3.4
RSI(14)21.3
Close $ · flag day53.25
Off 20-day high−25.3%
Avg volume3.3M

What followed

DateClose $ 5-day avg.vs flag close
23 Mar53.2554.53+0.0%
24 Mar52.1153.54-2.1%
25 Mar52.7853.08-0.9%
26 Mar51.5852.59-3.1%
27 Mar53.0752.56-0.3%
30 Mar53.7252.65+0.9%
31 Mar50.4452.32-5.3%
01 Apr48.3851.44-9.1%
02 Apr48.8550.89-8.3%
06 Apr50.8050.44-4.6%
07 Apr51.0249.90-4.2%

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