updated 2026-07-24 09:49 UTC
BMY — oversold signal, 08 May
short term
8.3 RSI(2)
40.1 RSI(14)
56.16 close $ on flag day
−7.6% off 20-day high
10.3M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 08 May 56.16 56.67 +0.0% 11 May 55.67 56.32 -0.9% 12 May 56.45 56.22 +0.5% 13 May 56.39 56.18 +0.4% 14 May 56.77 56.29 +1.1% 15 May 57.00 56.46 +1.5% 18 May 57.31 56.78 +2.0% 19 May 58.31 57.16 +3.8% 20 May 58.54 57.59 +4.2% 21 May 59.55 58.14 +6.0% 22 May 59.46 58.63 +5.9%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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