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

PNR — oversold signal, 13 May

long term
RSI(2)3.0
RSI(14)25.9
Close $ · flag day73.63
Off 20-day high−21.8%
Avg volume2.2M

What followed

DateClose $ 5-day avg.vs flag close
13 May73.6376.10+0.0%
14 May74.8875.28+1.7%
15 May72.6874.46-1.3%
18 May73.4173.97-0.3%
19 May71.9973.32-2.2%
20 May74.1973.43+0.8%
21 May74.4373.34+1.1%
22 May74.8273.77+1.6%
26 May73.5473.79-0.1%
27 May72.4573.89-1.6%
28 May71.3373.31-3.1%

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