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

OTIS — oversold signal, 18 May

long term
RSI(2)9.9
RSI(14)28.4
Close $ · flag day71.13
Off 20-day high−12.3%
Avg volume4.3M

What followed

DateClose $ 5-day avg.vs flag close
18 May71.1372.51+0.0%
19 May70.9471.88-0.3%
20 May71.2771.48+0.2%
21 May71.6371.20+0.7%
22 May72.7771.55+2.3%
26 May72.7371.87+2.2%
27 May71.7972.04+0.9%
28 May71.2172.03+0.1%
29 May70.8471.87-0.4%
01 Jun69.3471.18-2.5%
02 Jun70.3370.70-1.1%

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