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

PNW — oversold signal, 29 May

short term
RSI(2)4.3
RSI(14)43.4
Close $ · flag day99.74
Off 20-day high−4.9%
Avg volume1.3M

What followed

DateClose $ 5-day avg.vs flag close
29 May99.74101.83+0.0%
01 Jun97.48100.74-2.3%
02 Jun98.8299.94-0.9%
03 Jun99.3999.26-0.4%
04 Jun100.4899.18+0.7%
05 Jun103.0699.85+3.3%
08 Jun101.29100.61+1.6%
09 Jun102.65101.37+2.9%
10 Jun103.10102.12+3.4%
11 Jun102.40102.50+2.7%
12 Jun103.44102.58+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 29 May. The freshest lists go out in the daily alert at 21:30 CET.