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

OXY — oversold signal, 07 May

short term
RSI(2)6.2
RSI(14)39.1
Close $ · flag day53.94
Off 20-day high−11.3%
Avg volume13.1M

What followed

DateClose $ 5-day avg.vs flag close
07 May53.9457.48+0.0%
08 May53.0356.34-1.7%
11 May55.1455.31+2.2%
12 May56.2754.70+4.3%
13 May56.1854.91+4.2%
14 May56.8455.49+5.4%
15 May59.6256.81+10.5%
18 May59.7057.72+10.7%
19 May60.7058.61+12.5%
20 May58.8759.15+9.1%
21 May58.8359.54+9.1%

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