updated 2026-07-24 09:49 UTC
DOW — oversold signal, 19 May
short term
5.0 RSI(2)
45.8 RSI(14)
37.74 close $ on flag day
−9.0% off 20-day high
11.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 19 May 37.74 38.53 +0.0% 20 May 36.27 38.02 -3.9% 21 May 35.91 37.45 -4.8% 22 May 36.01 36.90 -4.6% 26 May 35.28 36.24 -6.5% 27 May 34.49 35.59 -8.6% 28 May 34.77 35.29 -7.9% 29 May 33.75 34.86 -10.6% 01 Jun 34.69 34.60 -8.1% 02 Jun 34.72 34.48 -8.0% 03 Jun 35.40 34.67 -6.2%
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
(the live record starts at launch); past results do not guarantee future
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