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

MLM — oversold signal, 13 Mar

long term
RSI(2)1.5
RSI(14)28.1
Close $ · flag day583.75
Off 20-day high−16.9%
Avg volume0.6M

What followed

DateClose $ 5-day avg.vs flag close
13 Mar583.75597.75+0.0%
16 Mar585.31592.31+0.3%
17 Mar582.50587.30-0.2%
18 Mar567.92581.37-2.7%
19 Mar567.47577.39-2.8%
20 Mar560.69572.78-4.0%
23 Mar577.59571.23-1.1%
24 Mar576.18569.97-1.3%
25 Mar589.42574.27+1.0%
26 Mar580.11576.80-0.6%
27 Mar570.94578.85-2.2%

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