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

NI — oversold signal, 08 May

short term
RSI(2)2.4
RSI(14)42.1
Close $ · flag day46.72
Off 20-day high−4.6%
Avg volume5.8M

What followed

DateClose $ 5-day avg.vs flag close
08 May46.7247.50+0.0%
11 May47.0347.29+0.7%
12 May47.1947.09+1.0%
13 May47.0547.00+0.7%
14 May47.4247.08+1.5%
15 May46.3047.00-0.9%
18 May46.5546.90-0.4%
19 May47.4246.95+1.5%
20 May47.0246.94+0.6%
21 May47.7147.00+2.1%
22 May47.8547.31+2.4%

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 08 May. The freshest lists go out in the daily alert at 21:30 CET.