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

SNPS — oversold signal, 19 May

short term
RSI(2)2.2
RSI(14)56.2
Close $ · flag day493.87
Off 20-day high−5.0%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
19 May493.87502.80+0.0%
20 May498.93500.73+1.0%
21 May503.98499.53+2.0%
22 May524.74503.99+6.3%
26 May534.56511.22+8.2%
27 May525.92517.63+6.5%
28 May480.64513.97-2.7%
29 May475.62508.30-3.7%
01 Jun492.29501.81-0.3%
02 Jun508.35496.56+2.9%
03 Jun498.02490.98+0.8%

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