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

TEL — oversold signal, 22 Apr

short term
RSI(2)7.0
RSI(14)48.1
Close $ · flag day221.04
Off 20-day high−12.5%
Avg volume2.3M

What followed

DateClose $ 5-day avg.vs flag close
22 Apr221.04238.90+0.0%
23 Apr217.73235.15-1.5%
24 Apr214.67228.86-2.9%
27 Apr209.52221.23-5.2%
28 Apr204.30213.45-7.6%
29 Apr205.25210.29-7.1%
30 Apr211.66209.08-4.2%
01 May207.43207.63-6.2%
04 May205.28206.78-7.1%
05 May206.94207.31-6.4%
06 May216.17209.50-2.2%

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 22 Apr. The freshest lists go out in the daily alert at 21:30 CET.