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

SBUX — oversold signal, 21 May

short term
RSI(2)4.4
RSI(14)53.3
Close $ · flag day104.13
Off 20-day high−4.4%
Avg volume8.1M

What followed

DateClose $ 5-day avg.vs flag close
21 May104.13106.09+0.0%
22 May103.11105.34-1.0%
26 May101.42104.31-2.6%
27 May102.10103.45-1.9%
28 May100.75102.30-3.2%
29 May99.16101.31-4.8%
01 Jun96.5199.99-7.3%
02 Jun95.5198.81-8.3%
03 Jun95.8997.56-7.9%
04 Jun94.1496.24-9.6%
05 Jun95.2995.47-8.5%

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