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

SRE — oversold signal, 08 May

short term
RSI(2)3.1
RSI(14)37.8
Close $ · flag day91.53
Off 20-day high−7.3%
Avg volume3.4M

What followed

DateClose $ 5-day avg.vs flag close
08 May91.5393.10+0.0%
11 May92.8392.79+1.4%
12 May93.4192.60+2.1%
13 May91.6892.20+0.2%
14 May92.8692.46+1.5%
15 May90.4392.24-1.2%
18 May90.2391.72-1.4%
19 May91.3191.30-0.2%
20 May91.4691.26-0.1%
21 May91.5591.00+0.0%
22 May92.8091.47+1.4%

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