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

ODFL — oversold signal, 04 May

short term
RSI(2)4.6
RSI(14)37.4
Close $ · flag day192.18
Off 20-day high−17.8%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
04 May192.18208.31+0.0%
05 May196.08203.17+2.0%
06 May200.62201.42+4.4%
07 May198.06198.55+3.1%
08 May198.33197.05+3.2%
11 May195.12197.64+1.5%
12 May191.12196.65-0.6%
13 May189.18194.36-1.6%
14 May198.81194.51+3.4%
15 May203.12195.47+5.7%
18 May204.13197.27+6.2%

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