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

SNPS — oversold signal, 15 May

short term
RSI(2)8.1
RSI(14)61.7
Close $ · flag day502.42
Off 20-day high−3.3%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
15 May502.42510.22+0.0%
18 May498.43506.67-0.8%
19 May493.87502.80-1.7%
20 May498.93500.73-0.7%
21 May503.98499.53+0.3%
22 May524.74503.99+4.4%
26 May534.56511.22+6.4%
27 May525.92517.63+4.7%
28 May480.64513.97-4.3%
29 May475.62508.30-5.3%
01 Jun492.29501.81-2.0%

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