updated 2026-07-24 09:49 UTC
DOW — oversold signal, 17 Jun
short term
7.1 RSI(2)
34.2 RSI(14)
32.50 close $ on flag day
−14.2% off 20-day high
12.3M avg daily volume
What followed
Date Close $
5-day avg. vs flag close
17 Jun 32.50 33.23 +0.0% 18 Jun 31.73 32.85 -2.4% 22 Jun 30.79 32.24 -5.3% 23 Jun 30.33 31.66 -6.7% 24 Jun 29.38 30.95 -9.6% 25 Jun 29.31 30.31 -9.8% 26 Jun 29.04 29.77 -10.6% 29 Jun 27.92 29.20 -14.1% 30 Jun 27.36 28.60 -15.8% 01 Jul 27.02 28.13 -16.9% 02 Jul 27.71 27.81 -14.7%
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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