updated 2026-07-24 09:49 UTC
CMG — oversold signal, 03 Jun
long term
0.8 RSI(2)
27.4 RSI(14)
28.74 close $ on flag day
−15.3% off 20-day high
17.8M avg daily volume
What followed
Date Close $
5-day avg. vs flag close
03 Jun 28.74 30.57 +0.0% 04 Jun 28.18 29.72 -1.9% 05 Jun 29.34 29.21 +2.1% 08 Jun 29.27 28.96 +1.8% 09 Jun 29.88 29.08 +4.0% 10 Jun 30.42 29.42 +5.8% 11 Jun 31.25 30.03 +8.7% 12 Jun 32.23 30.61 +12.1% 15 Jun 32.73 31.30 +13.9% 16 Jun 32.61 31.85 +13.5% 17 Jun 31.86 32.14 +10.9%
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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