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

PNR — oversold signal, 11 May

long term
RSI(2)11.3
RSI(14)28.9
Close $ · flag day75.83
Off 20-day high−19.5%
Avg volume2.1M

What followed

DateClose $ 5-day avg.vs flag close
11 May75.8377.87+0.0%
12 May75.2677.36-0.8%
13 May73.6376.10-2.9%
14 May74.8875.28-1.3%
15 May72.6874.46-4.2%
18 May73.4173.97-3.2%
19 May71.9973.32-5.1%
20 May74.1973.43-2.2%
21 May74.4373.34-1.8%
22 May74.8273.77-1.3%
26 May73.5473.79-3.0%

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