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

MKC — oversold signal, 24 Mar

long term
RSI(2)1.1
RSI(14)19.7
Close $ · flag day52.11
Off 20-day high−26.9%
Avg volume3.4M

What followed

DateClose $ 5-day avg.vs flag close
24 Mar52.1153.54+0.0%
25 Mar52.7853.08+1.3%
26 Mar51.5852.59-1.0%
27 Mar53.0752.56+1.8%
30 Mar53.7252.65+3.1%
31 Mar50.4452.32-3.2%
01 Apr48.3851.44-7.2%
02 Apr48.8550.89-6.3%
06 Apr50.8050.44-2.5%
07 Apr51.0249.90-2.1%
08 Apr50.5149.91-3.1%

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