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

MRK — oversold signal, 01 Jun

short term
RSI(2)6.8
RSI(14)48.8
Close $ · flag day115.17
Off 20-day high−6.5%
Avg volume8.8M

What followed

DateClose $ 5-day avg.vs flag close
01 Jun115.17118.75+0.0%
02 Jun115.65117.93+0.4%
03 Jun114.70116.83-0.4%
04 Jun120.26116.90+4.4%
05 Jun120.79117.31+4.9%
08 Jun119.52118.18+3.8%
09 Jun119.60118.97+3.8%
10 Jun119.09119.85+3.4%
11 Jun120.76119.95+4.9%
12 Jun119.05119.60+3.4%
15 Jun114.90118.68-0.2%

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 01 Jun. The freshest lists go out in the daily alert at 21:30 CET.