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

MRK — oversold signal, 16 Apr

short term
RSI(2)1.6
RSI(14)40.0
Close $ · flag day115.46
Off 20-day high−6.9%
Avg volume10.1M

This flag became a program pick — the audited trade is in the track record.

What followed

DateClose $ 5-day avg.vs flag close
16 Apr115.46118.98+0.0%
17 Apr119.07118.51+3.1%
20 Apr117.10117.90+1.4%
21 Apr112.56116.42-2.5%
22 Apr112.89115.42-2.2%
23 Apr114.62115.25-0.7%
24 Apr111.90113.81-3.1%
27 Apr110.23112.44-4.5%
28 Apr110.03111.93-4.7%
29 Apr110.95111.55-3.9%
30 Apr109.18110.46-5.4%

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 16 Apr. The freshest lists go out in the daily alert at 21:30 CET.