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

TFC — oversold signal, 12 May

short term
RSI(2)6.3
RSI(14)40.0
Close $ · flag day47.79
Off 20-day high−8.3%
Avg volume7.3M

What followed

DateClose $ 5-day avg.vs flag close
12 May47.7949.08+0.0%
13 May46.5448.23-2.6%
14 May47.1347.71-1.4%
15 May46.9647.28-1.7%
18 May47.0547.09-1.5%
19 May46.7746.89-2.1%
20 May48.0047.18+0.4%
21 May47.8947.33+0.2%
22 May48.3847.62+1.2%
26 May48.6847.94+1.9%
27 May48.4648.28+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 12 May. The freshest lists go out in the daily alert at 21:30 CET.