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

MO — oversold signal, 29 May

short term
RSI(2)1.2
RSI(14)45.0
Close $ · flag day69.58
Off 20-day high−6.7%
Avg volume8.8M

What followed

DateClose $ 5-day avg.vs flag close
29 May69.5871.99+0.0%
01 Jun68.6570.94-1.3%
02 Jun69.2470.31-0.5%
03 Jun70.3069.95+1.0%
04 Jun70.6069.67+1.5%
05 Jun72.1970.20+3.8%
08 Jun71.2970.72+2.5%
09 Jun71.5671.19+2.8%
10 Jun73.1371.75+5.1%
11 Jun71.4171.92+2.6%
12 Jun71.9471.87+3.4%

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