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

SO — oversold signal, 06 May

short term
RSI(2)7.6
RSI(14)43.5
Close $ · flag day93.51
Off 20-day high−5.1%
Avg volume4.8M

What followed

DateClose $ 5-day avg.vs flag close
06 May93.5195.76+0.0%
07 May92.4394.91-1.2%
08 May91.8093.93-1.8%
11 May93.1093.35-0.4%
12 May93.4792.86-0.0%
13 May93.1492.79-0.4%
14 May93.6893.04+0.2%
15 May92.5593.19-1.0%
18 May93.7193.31+0.2%
19 May94.1493.44+0.7%
20 May93.6293.54+0.1%

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