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

OXY — oversold signal, 27 May

short term
RSI(2)4.1
RSI(14)46.6
Close $ · flag day56.89
Off 20-day high−7.1%
Avg volume12.5M

What followed

DateClose $ 5-day avg.vs flag close
27 May56.8958.17+0.0%
28 May57.3257.86+0.8%
29 May56.6357.42-0.5%
01 Jun58.9257.44+3.6%
02 Jun59.0957.77+3.9%
03 Jun59.6458.32+4.8%
04 Jun58.6758.59+3.1%
05 Jun56.9358.65+0.1%
08 Jun57.4858.36+1.0%
09 Jun56.5557.85-0.6%
10 Jun57.1057.35+0.4%

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