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

TAP — oversold signal, 16 Mar

long term
RSI(2)0.0
RSI(14)25.5
Close $ · flag day42.10
Off 20-day high−21.7%
Avg volume3.4M

What followed

DateClose $ 5-day avg.vs flag close
16 Mar42.1044.05+0.0%
17 Mar42.6043.39+1.2%
18 Mar41.9042.78-0.5%
19 Mar42.2842.50+0.4%
20 Mar41.4042.06-1.7%
23 Mar41.9442.02-0.4%
24 Mar41.1641.74-2.2%
25 Mar41.2741.61-2.0%
26 Mar41.9141.54-0.5%
27 Mar43.4041.94+3.1%
30 Mar42.9242.13+1.9%

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 16 Mar. The freshest lists go out in the daily alert at 21:30 CET.