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

WEC — oversold signal, 06 May

short term
RSI(2)9.4
RSI(14)44.5
Close $ · flag day113.94
Off 20-day high−4.7%
Avg volume1.8M

What followed

DateClose $ 5-day avg.vs flag close
06 May113.94116.20+0.0%
07 May112.78115.17-1.0%
08 May111.66114.01-2.0%
11 May112.77113.27-1.0%
12 May112.58112.75-1.2%
13 May112.20112.40-1.5%
14 May111.64112.17-2.0%
15 May109.16111.67-4.2%
18 May109.55111.03-3.9%
19 May111.49110.81-2.2%
20 May110.65110.50-2.9%

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