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

PNW — oversold signal, 28 May

short term
RSI(2)8.7
RSI(14)47.8
Close $ · flag day100.85
Off 20-day high−3.8%
Avg volume1.3M

What followed

DateClose $ 5-day avg.vs flag close
28 May100.85102.25+0.0%
29 May99.74101.83-1.1%
01 Jun97.48100.74-3.3%
02 Jun98.8299.94-2.0%
03 Jun99.3999.26-1.4%
04 Jun100.4899.18-0.4%
05 Jun103.0699.85+2.2%
08 Jun101.29100.61+0.4%
09 Jun102.65101.37+1.8%
10 Jun103.10102.12+2.2%
11 Jun102.40102.50+1.5%

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