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

SBUX — oversold signal, 29 May

short term
RSI(2)6.2
RSI(14)38.0
Close $ · flag day99.16
Off 20-day high−8.9%
Avg volume7.3M

What followed

DateClose $ 5-day avg.vs flag close
29 May99.16101.31+0.0%
01 Jun96.5199.99-2.7%
02 Jun95.5198.81-3.7%
03 Jun95.8997.56-3.3%
04 Jun94.1496.24-5.1%
05 Jun95.2995.47-3.9%
08 Jun94.8295.13-4.4%
09 Jun97.4195.51-1.8%
10 Jun98.7696.08-0.4%
11 Jun102.2897.71+3.1%
12 Jun103.0499.26+3.9%

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.