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

OKE — oversold signal, 08 May

short term
RSI(2)9.7
RSI(14)42.9
Close $ · flag day85.16
Off 20-day high−8.0%
Avg volume4.2M

What followed

DateClose $ 5-day avg.vs flag close
08 May85.1687.46+0.0%
11 May87.7986.89+3.1%
12 May88.4386.57+3.8%
13 May88.7987.21+4.3%
14 May91.0388.24+6.9%
15 May92.3289.67+8.4%
18 May93.7690.87+10.1%
19 May95.2492.23+11.8%
20 May92.1592.90+8.2%
21 May92.6293.22+8.8%
22 May94.0393.56+10.4%

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.