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

PSA — oversold signal, 16 Mar

short term
RSI(2)0.5
RSI(14)40.6
Close $ · flag day289.80
Off 20-day high−7.4%
Avg volume1.3M

What followed

DateClose $ 5-day avg.vs flag close
16 Mar289.80298.23+0.0%
17 Mar286.13294.26-1.3%
18 Mar277.59289.80-4.2%
19 Mar277.33285.71-4.3%
20 Mar265.78279.33-8.3%
23 Mar271.32275.63-6.4%
24 Mar267.94271.99-7.5%
25 Mar267.63270.00-7.7%
26 Mar268.01268.14-7.5%
27 Mar266.01268.18-8.2%
30 Mar265.13266.94-8.5%

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 16 Mar. The freshest lists go out in the daily alert at 21:30 CET.