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

NEM — oversold signal, 10 Jun

long term
RSI(2)1.1
RSI(14)30.0
Close $ · flag day92.77
Off 20-day high−23.1%
Avg volume7.9M

What followed

DateClose $ 5-day avg.vs flag close
10 Jun92.7799.67+0.0%
11 Jun97.5997.52+5.2%
12 Jun100.2397.62+8.0%
15 Jun105.8098.99+14.0%
16 Jun108.44100.97+16.9%
17 Jun105.67103.55+13.9%
18 Jun103.79104.79+11.9%
22 Jun101.80105.10+9.7%
23 Jun97.84103.51+5.5%
24 Jun94.04100.63+1.4%
25 Jun95.3598.56+2.8%

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.

Research chart

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From the oversold list of 10 Jun. The freshest lists go out in the daily alert at 21:30 CET.