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

SMCI — oversold signal, 23 Mar

long term
RSI(2)18.4
RSI(14)27.9
Close $ · flag day21.58
Off 20-day high−36.3%
Avg volume40.1M

What followed

DateClose $ 5-day avg.vs flag close
23 Mar21.5826.95+0.0%
24 Mar22.2325.10+3.0%
25 Mar24.0523.84+11.4%
26 Mar22.2122.12+2.9%
27 Mar21.9722.41+1.8%
30 Mar21.0622.30-2.4%
31 Mar22.7722.41+5.5%
01 Apr22.5122.10+4.3%
02 Apr23.2222.31+7.6%
06 Apr22.0522.32+2.2%
07 Apr22.6722.64+5.1%

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