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

TAP — oversold signal, 20 Mar

long term
RSI(2)17.6
RSI(14)27.2
Close $ · flag day41.40
Off 20-day high−17.5%
Avg volume3.1M

What followed

DateClose $ 5-day avg.vs flag close
20 Mar41.4042.06+0.0%
23 Mar41.9442.02+1.3%
24 Mar41.1641.74-0.6%
25 Mar41.2741.61-0.3%
26 Mar41.9141.54+1.2%
27 Mar43.4041.94+4.8%
30 Mar42.9242.13+3.7%
31 Mar43.0642.51+4.0%
01 Apr42.9042.84+3.6%
02 Apr44.0443.26+6.4%
06 Apr44.4643.48+7.4%

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