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

PNR — oversold signal, 05 May

long term
RSI(2)29.7
RSI(14)28.4
Close $ · flag day77.84
Off 20-day high−17.3%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
05 May77.8479.11+0.0%
06 May79.9178.93+2.7%
07 May78.9678.58+1.4%
08 May76.8278.12-1.3%
11 May75.8377.87-2.6%
12 May75.2677.36-3.3%
13 May73.6376.10-5.4%
14 May74.8875.28-3.8%
15 May72.6874.46-6.6%
18 May73.4173.97-5.7%
19 May71.9973.32-7.5%

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