updated 2026-07-24 14:52 UTC
NEM — oversold signal, 19 Mar
short term long term
RSI(2) 3.0
RSI(14) 29.2
Close $ · flag day 99.20
Off 20-day high −24.8%
Avg volume 10.8M
What followed
Date Close $
5-day avg. vs flag close 19 Mar 99.20 107.31 +0.0% 20 Mar 95.80 104.55 -3.4% 23 Mar 98.14 102.14 -1.1% 24 Mar 99.02 99.74 -0.2% 25 Mar 101.52 98.74 +2.3% 26 Mar 99.36 98.77 +0.2% 27 Mar 102.10 100.03 +2.9% 30 Mar 103.12 101.02 +4.0% 31 Mar 108.25 102.87 +9.1% 01 Apr 113.79 105.32 +14.7% 02 Apr 114.05 108.26 +15.0%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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