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

MO — oversold signal, 28 May

short term
RSI(2)8.6
RSI(14)55.0
Close $ · flag day71.97
Off 20-day high−3.5%
Avg volume9.4M

What followed

DateClose $ 5-day avg.vs flag close
28 May71.9772.81+0.0%
29 May69.5871.99-3.3%
01 Jun68.6570.94-4.6%
02 Jun69.2470.31-3.8%
03 Jun70.3069.95-2.3%
04 Jun70.6069.67-1.9%
05 Jun72.1970.20+0.3%
08 Jun71.2970.72-0.9%
09 Jun71.5671.19-0.6%
10 Jun73.1371.75+1.6%
11 Jun71.4171.92-0.8%

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