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

ODFL — oversold signal, 13 May

short term
RSI(2)4.6
RSI(14)37.0
Close $ · flag day189.18
Off 20-day high−19.1%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
13 May189.18194.36+0.0%
14 May198.81194.51+5.1%
15 May203.12195.47+7.4%
18 May204.13197.27+7.9%
19 May204.46199.94+8.1%
20 May209.83204.07+10.9%
21 May207.69205.85+9.8%
22 May210.47207.32+11.3%
26 May216.61209.81+14.5%
27 May219.45212.81+16.0%
28 May220.86215.02+16.7%

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