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

RMD — oversold signal, 29 May

long term
RSI(2)0.5
RSI(14)26.6
Close $ · flag day190.57
Off 20-day high−10.8%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
29 May190.57203.22+0.0%
01 Jun186.44198.90-2.2%
02 Jun182.82193.87-4.1%
03 Jun186.46189.94-2.2%
04 Jun194.32188.12+2.0%
05 Jun196.04189.22+2.9%
08 Jun193.14190.56+1.3%
09 Jun196.94193.38+3.3%
10 Jun193.57194.80+1.6%
11 Jun192.39194.42+1.0%
12 Jun194.78194.16+2.2%

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.