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

MO — oversold signal, 08 May

short term
RSI(2)5.8
RSI(14)49.7
Close $ · flag day68.12
Off 20-day high−8.6%
Avg volume9.5M

What followed

DateClose $ 5-day avg.vs flag close
08 May68.1270.71+0.0%
11 May68.6169.75+0.7%
12 May69.8969.17+2.6%
13 May71.5469.44+5.0%
14 May72.4170.11+6.3%
15 May73.0971.11+7.3%
18 May73.7272.13+8.2%
19 May74.0072.95+8.6%
20 May73.3373.31+7.6%
21 May73.7173.57+8.2%
22 May73.9073.73+8.5%

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