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

PNR — oversold signal, 18 May

long term
RSI(2)42.6
RSI(14)29.9
Close $ · flag day73.41
Off 20-day high−22.0%
Avg volume2.3M

What followed

DateClose $ 5-day avg.vs flag close
18 May73.4173.97+0.0%
19 May71.9973.32-1.9%
20 May74.1973.43+1.1%
21 May74.4373.34+1.4%
22 May74.8273.77+1.9%
26 May73.5473.79+0.2%
27 May72.4573.89-1.3%
28 May71.3373.31-2.8%
29 May70.8472.60-3.5%
01 Jun70.8071.79-3.6%
02 Jun71.2671.34-2.9%

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