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

VMC — oversold signal, 19 May

long term
RSI(2)0.8
RSI(14)28.5
Close $ · flag day259.46
Off 20-day high−15.3%
Avg volume1.1M

What followed

DateClose $ 5-day avg.vs flag close
19 May259.46268.65+0.0%
20 May263.26266.39+1.5%
21 May262.08263.79+1.0%
22 May260.65262.36+0.5%
26 May268.94262.88+3.7%
27 May275.65266.12+6.2%
28 May276.75268.81+6.7%
29 May282.92272.98+9.0%
01 Jun281.56277.16+8.5%
02 Jun281.84279.74+8.6%
03 Jun285.30281.67+10.0%

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