updated 2026-07-24 14:52 UTC
OMC — oversold signal, 15 May
long term
RSI(2) 4.4
RSI(14) 29.9
Close $ · flag day 70.83
Off 20-day high −11.1%
Avg volume 4.6M
What followed
Date Close $
5-day avg. vs flag close 15 May 70.83 73.57 +0.0% 18 May 73.14 73.17 +3.3% 19 May 71.83 72.32 +1.4% 20 May 71.88 71.85 +1.5% 21 May 73.77 72.29 +4.2% 22 May 74.93 73.11 +5.8% 26 May 74.41 73.36 +5.1% 27 May 74.85 73.97 +5.7% 28 May 74.09 74.41 +4.6% 29 May 72.71 74.20 +2.7% 01 Jun 75.97 74.41 +7.3%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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