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

REG — oversold signal, 08 May

short term
RSI(2)9.7
RSI(14)44.0
Close $ · flag day77.59
Off 20-day high−5.0%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
08 May77.5978.43+0.0%
11 May77.7278.23+0.2%
12 May77.6177.97+0.0%
13 May76.6777.49-1.2%
14 May76.9277.30-0.9%
15 May76.0677.00-2.0%
18 May77.3376.92-0.3%
19 May77.3476.86-0.3%
20 May77.7477.08+0.2%
21 May78.3477.36+1.0%
22 May78.8477.92+1.6%

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