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

ROP — oversold signal, 14 May

long term
RSI(2)19.1
RSI(14)26.1
Close $ · flag day317.95
Off 20-day high−17.2%
Avg volume1.2M

What followed

DateClose $ 5-day avg.vs flag close
14 May317.95326.05+0.0%
15 May320.90321.57+0.9%
18 May331.01322.01+4.1%
19 May328.91323.00+3.4%
20 May323.12324.38+1.6%
21 May324.08325.60+1.9%
22 May326.94326.81+2.8%
26 May320.30324.67+0.7%
27 May316.62322.21-0.4%
28 May319.75321.54+0.6%
29 May325.53321.83+2.4%

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