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

RMD — oversold signal, 11 May

long term
RSI(2)4.0
RSI(14)27.0
Close $ · flag day198.76
Off 20-day high−14.4%
Avg volume1.4M

What followed

DateClose $ 5-day avg.vs flag close
11 May198.76205.99+0.0%
12 May203.79205.17+2.5%
13 May202.37203.71+1.8%
14 May202.46202.83+1.9%
15 May201.88201.85+1.6%
18 May204.15202.93+2.7%
19 May207.78203.73+4.5%
20 May209.86205.23+5.6%
21 May208.98206.53+5.1%
22 May208.05207.76+4.7%
26 May207.98208.53+4.6%

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