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

MKC — oversold signal, 01 Apr

long term
RSI(2)8.9
RSI(14)23.0
Close $ · flag day48.38
Off 20-day high−26.5%
Avg volume4.7M

What followed

DateClose $ 5-day avg.vs flag close
01 Apr48.3851.44+0.0%
02 Apr48.8550.89+1.0%
06 Apr50.8050.44+5.0%
07 Apr51.0249.90+5.5%
08 Apr50.5149.91+4.4%
09 Apr51.4450.52+6.3%
10 Apr53.7151.50+11.0%
13 Apr54.1152.16+11.8%
14 Apr53.8452.72+11.3%
15 Apr53.3453.29+10.3%
16 Apr53.2753.65+10.1%

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