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

MO — oversold signal, 07 May

short term
RSI(2)9.3
RSI(14)52.7
Close $ · flag day69.04
Off 20-day high−7.4%
Avg volume9.5M

What followed

DateClose $ 5-day avg.vs flag close
07 May69.0471.99+0.0%
08 May68.1270.71-1.3%
11 May68.6169.75-0.6%
12 May69.8969.17+1.2%
13 May71.5469.44+3.6%
14 May72.4170.11+4.9%
15 May73.0971.11+5.9%
18 May73.7272.13+6.8%
19 May74.0072.95+7.2%
20 May73.3373.31+6.2%
21 May73.7173.57+6.8%

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 07 May. The freshest lists go out in the daily alert at 21:30 CET.