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

SNPS — oversold signal, 29 May

short term
RSI(2)8.5
RSI(14)43.7
Close $ · flag day475.62
Off 20-day high−11.8%
Avg volume1.9M

What followed

DateClose $ 5-day avg.vs flag close
29 May475.62508.30+0.0%
01 Jun492.29501.81+3.5%
02 Jun508.35496.56+6.9%
03 Jun498.02490.98+4.7%
04 Jun494.48493.75+4.0%
05 Jun464.85491.60-2.3%
08 Jun473.48487.84-0.4%
09 Jun465.27479.22-2.2%
10 Jun460.54471.72-3.2%
11 Jun456.29464.09-4.1%
12 Jun453.89461.89-4.6%

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.