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

PNR — oversold signal, 12 May

long term
RSI(2)8.0
RSI(14)28.1
Close $ · flag day75.26
Off 20-day high−20.1%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
12 May75.2677.36+0.0%
13 May73.6376.10-2.2%
14 May74.8875.28-0.5%
15 May72.6874.46-3.4%
18 May73.4173.97-2.5%
19 May71.9973.32-4.3%
20 May74.1973.43-1.4%
21 May74.4373.34-1.1%
22 May74.8273.77-0.6%
26 May73.5473.79-2.3%
27 May72.4573.89-3.7%

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