Closing Note
updated 2026-07-24 09:49 UTC

CMG — oversold signal, 13 Mar

long term
0.7RSI(2)
27.9RSI(14)
32.52close $ on flag day
−17.0%off 20-day high
15.7Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
13 Mar32.5233.79+0.0%
16 Mar34.0833.55+4.8%
17 Mar34.4133.48+5.8%
18 Mar32.6433.24+0.4%
19 Mar32.9433.32+1.3%
20 Mar33.3733.49+2.6%
23 Mar33.3633.34+2.6%
24 Mar32.7633.01+0.7%
25 Mar32.5032.99-0.1%
26 Mar32.1732.83-1.1%
27 Mar30.8632.33-5.1%

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