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

SBUX — oversold signal, 22 May

short term
RSI(2)2.4
RSI(14)49.5
Close $ · flag day103.11
Off 20-day high−5.3%
Avg volume8.3M

What followed

DateClose $ 5-day avg.vs flag close
22 May103.11105.34+0.0%
26 May101.42104.31-1.6%
27 May102.10103.45-1.0%
28 May100.75102.30-2.3%
29 May99.16101.31-3.8%
01 Jun96.5199.99-6.4%
02 Jun95.5198.81-7.4%
03 Jun95.8997.56-7.0%
04 Jun94.1496.24-8.7%
05 Jun95.2995.47-7.6%
08 Jun94.8295.13-8.0%

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