updated 2026-07-24 14:52 UTC
NEM — oversold signal, 20 Mar
short term long term
RSI(2) 1.8
RSI(14) 26.9
Close $ · flag day 95.80
Off 20-day high −27.4%
Avg volume 11.7M
What followed
Date Close $
5-day avg. vs flag close
20 Mar 95.80 104.55 +0.0% 23 Mar 98.14 102.14 +2.4% 24 Mar 99.02 99.74 +3.4% 25 Mar 101.52 98.74 +6.0% 26 Mar 99.36 98.77 +3.7% 27 Mar 102.10 100.03 +6.6% 30 Mar 103.12 101.02 +7.6% 31 Mar 108.25 102.87 +13.0% 01 Apr 113.79 105.32 +18.8% 02 Apr 114.05 108.26 +19.1% 06 Apr 112.83 110.41 +17.8%
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.
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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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