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

NKE — oversold signal, 23 Mar

long term
RSI(2)33.5
RSI(14)27.4
Close $ · flag day52.71
Off 20-day high−19.0%
Avg volume15.7M

What followed

DateClose $ 5-day avg.vs flag close
23 Mar52.7153.42+0.0%
24 Mar53.4953.10+1.5%
25 Mar52.9853.00+0.5%
26 Mar52.0752.72-1.2%
27 Mar51.3752.52-2.5%
30 Mar51.2452.23-2.8%
31 Mar52.8252.10+0.2%
01 Apr44.6350.43-15.3%
02 Apr44.1948.85-16.2%
06 Apr44.0347.38-16.5%
07 Apr42.6945.67-19.0%

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.

Research chart

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From the oversold list of 23 Mar. The freshest lists go out in the daily alert at 21:30 CET.