updated 2026-07-24 09:49 UTC
DOC — oversold signal, 29 May
short term
7.8 RSI(2)
56.2 RSI(14)
19.15 close $ on flag day
−5.5% off 20-day high
11.7M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 29 May 19.15 19.66 +0.0% 01 Jun 19.00 19.51 -0.8% 02 Jun 19.45 19.40 +1.6% 03 Jun 19.07 19.24 -0.4% 04 Jun 19.60 19.25 +2.3% 05 Jun 19.79 19.38 +3.3% 08 Jun 19.77 19.54 +3.2% 09 Jun 20.50 19.75 +7.0% 10 Jun 20.47 20.03 +6.9% 11 Jun 20.50 20.21 +7.0% 12 Jun 20.69 20.39 +8.0%
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.
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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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