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

PM — oversold signal, 26 May

short term
RSI(2)4.6
RSI(14)54.8
Close $ · flag day181.53
Off 20-day high−6.0%
Avg volume4.8M

What followed

DateClose $ 5-day avg.vs flag close
26 May181.53187.84+0.0%
27 May182.04185.93+0.3%
28 May178.57183.92-1.6%
29 May177.38181.70-2.3%
01 Jun172.66178.44-4.9%
02 Jun173.66176.86-4.3%
03 Jun175.94175.64-3.1%
04 Jun174.99174.93-3.6%
05 Jun178.29175.11-1.8%
08 Jun176.06175.79-3.0%
09 Jun178.49176.75-1.7%

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.