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

OXY — oversold signal, 08 May

short term
RSI(2)4.2
RSI(14)37.2
Close $ · flag day53.03
Off 20-day high−12.8%
Avg volume13.2M

What followed

DateClose $ 5-day avg.vs flag close
08 May53.0356.34+0.0%
11 May55.1455.31+4.0%
12 May56.2754.70+6.1%
13 May56.1854.91+5.9%
14 May56.8455.49+7.2%
15 May59.6256.81+12.4%
18 May59.7057.72+12.6%
19 May60.7058.61+14.5%
20 May58.8759.15+11.0%
21 May58.8359.54+10.9%
22 May58.8159.38+10.9%

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.