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

OXY — oversold signal, 06 May

short term
RSI(2)8.9
RSI(14)41.6
Close $ · flag day55.12
Off 20-day high−9.3%
Avg volume12.9M

What followed

DateClose $ 5-day avg.vs flag close
06 May55.1258.80+0.0%
07 May53.9457.48-2.1%
08 May53.0356.34-3.8%
11 May55.1455.31+0.0%
12 May56.2754.70+2.1%
13 May56.1854.91+1.9%
14 May56.8455.49+3.1%
15 May59.6256.81+8.2%
18 May59.7057.72+8.3%
19 May60.7058.61+10.1%
20 May58.8759.15+6.8%

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