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

DOW — oversold signal, 20 May

short term
1.3RSI(2)
40.0RSI(14)
36.27close $ on flag day
−12.5%off 20-day high
11.5Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
20 May36.2738.02+0.0%
21 May35.9137.45-1.0%
22 May36.0136.90-0.7%
26 May35.2836.24-2.7%
27 May34.4935.59-4.9%
28 May34.7735.29-4.1%
29 May33.7534.86-6.9%
01 Jun34.6934.60-4.4%
02 Jun34.7234.48-4.3%
03 Jun35.4034.67-2.4%
04 Jun34.7934.67-4.1%

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 20 May. The freshest lists go out in the daily alert at 21:30 CET.