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

OXY — oversold signal, 26 May

short term
RSI(2)6.9
RSI(14)48.5
Close $ · flag day57.46
Off 20-day high−6.2%
Avg volume12.6M

What followed

DateClose $ 5-day avg.vs flag close
26 May57.4658.93+0.0%
27 May56.8958.17-1.0%
28 May57.3257.86-0.2%
29 May56.6357.42-1.4%
01 Jun58.9257.44+2.5%
02 Jun59.0957.77+2.8%
03 Jun59.6458.32+3.8%
04 Jun58.6758.59+2.1%
05 Jun56.9358.65-0.9%
08 Jun57.4858.36+0.0%
09 Jun56.5557.85-1.6%

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