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

PM — oversold signal, 28 May

short term
RSI(2)6.1
RSI(14)50.2
Close $ · flag day178.57
Off 20-day high−7.5%
Avg volume4.9M

What followed

DateClose $ 5-day avg.vs flag close
28 May178.57183.92+0.0%
29 May177.38181.70-0.7%
01 Jun172.66178.44-3.3%
02 Jun173.66176.86-2.7%
03 Jun175.94175.64-1.5%
04 Jun174.99174.93-2.0%
05 Jun178.29175.11-0.2%
08 Jun176.06175.79-1.4%
09 Jun178.49176.75-0.0%
10 Jun182.95178.16+2.5%
11 Jun180.77179.31+1.2%

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