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

ROP — oversold signal, 12 May

long term
RSI(2)2.3
RSI(14)27.2
Close $ · flag day323.94
Off 20-day high−15.6%
Avg volume1.2M

What followed

DateClose $ 5-day avg.vs flag close
12 May323.94339.75+0.0%
13 May316.25332.95-2.4%
14 May317.95326.05-1.8%
15 May320.90321.57-0.9%
18 May331.01322.01+2.2%
19 May328.91323.00+1.5%
20 May323.12324.38-0.3%
21 May324.08325.60+0.0%
22 May326.94326.81+0.9%
26 May320.30324.67-1.1%
27 May316.62322.21-2.3%

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