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

WMT — oversold signal, 21 May

short term
RSI(2)4.4
RSI(14)35.2
Close $ · flag day121.34
Off 20-day high−10.2%
Avg volume18.5M

What followed

DateClose $ 5-day avg.vs flag close
21 May121.34130.24+0.0%
22 May120.27128.00-0.9%
26 May118.57125.05-2.3%
27 May118.54121.91-2.3%
28 May118.90119.52-2.0%
29 May115.75118.41-4.6%
01 Jun114.60117.27-5.6%
02 Jun113.06116.17-6.8%
03 Jun116.89115.84-3.7%
04 Jun117.74115.61-3.0%
05 Jun118.88116.23-2.0%

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