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

PM — oversold signal, 29 May

short term
RSI(2)4.3
RSI(14)48.6
Close $ · flag day177.38
Off 20-day high−8.1%
Avg volume4.9M

What followed

DateClose $ 5-day avg.vs flag close
29 May177.38181.70+0.0%
01 Jun172.66178.44-2.7%
02 Jun173.66176.86-2.1%
03 Jun175.94175.64-0.8%
04 Jun174.99174.93-1.3%
05 Jun178.29175.11+0.5%
08 Jun176.06175.79-0.7%
09 Jun178.49176.75+0.6%
10 Jun182.95178.16+3.1%
11 Jun180.77179.31+1.9%
12 Jun184.30180.51+3.9%

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