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

MLM — oversold signal, 12 Mar

long term
RSI(2)2.0
RSI(14)28.8
Close $ · flag day587.37
Off 20-day high−16.4%
Avg volume0.6M

What followed

DateClose $ 5-day avg.vs flag close
12 Mar587.37603.00+0.0%
13 Mar583.75597.75-0.6%
16 Mar585.31592.31-0.4%
17 Mar582.50587.30-0.8%
18 Mar567.92581.37-3.3%
19 Mar567.47577.39-3.4%
20 Mar560.69572.78-4.5%
23 Mar577.59571.23-1.7%
24 Mar576.18569.97-1.9%
25 Mar589.42574.27+0.3%
26 Mar580.11576.80-1.2%

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