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

MMM — oversold signal, 18 Feb

short term
RSI(2)6.0
RSI(14)48.4
Close $ · flag day164.17
Off 20-day high−7.5%
Avg volume4.7M

What followed

DateClose $ 5-day avg.vs flag close
18 Feb164.17170.21+0.0%
19 Feb165.05168.65+0.5%
20 Feb167.06167.14+1.8%
23 Feb166.34166.05+1.3%
24 Feb166.46165.82+1.4%
25 Feb165.54166.09+0.8%
26 Feb166.17166.31+1.2%
27 Feb165.32165.97+0.7%
02 Mar161.46164.99-1.7%
03 Mar158.48163.39-3.5%
04 Mar160.89162.46-2.0%

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