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

PNW — oversold signal, 07 May

short term
RSI(2)4.4
RSI(14)41.0
Close $ · flag day99.53
Off 20-day high−5.1%
Avg volume1.1M

What followed

DateClose $ 5-day avg.vs flag close
07 May99.53101.27+0.0%
08 May99.25100.41-0.3%
11 May99.7199.99+0.2%
12 May99.8399.70+0.3%
13 May99.0899.48-0.5%
14 May99.7799.53+0.2%
15 May98.4099.36-1.1%
18 May99.7699.37+0.2%
19 May101.5099.70+2.0%
20 May101.93100.27+2.4%
21 May101.84100.69+2.3%

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