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

DVN — oversold signal, 13 Apr

short term
4.4RSI(2)
47.0RSI(14)
47.27close $ on flag day
−10.3%off 20-day high
18.0Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
13 Apr47.2748.16+0.0%
14 Apr45.2547.22-4.3%
15 Apr45.2346.68-4.3%
16 Apr45.7846.26-3.2%
17 Apr44.2345.55-6.4%
20 Apr44.9445.09-4.9%
21 Apr45.6045.16-3.5%
22 Apr47.1245.53-0.3%
23 Apr48.1546.01+1.9%
24 Apr47.9446.75+1.4%
27 Apr48.2047.40+2.0%

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.

Research chart

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From the oversold list of 13 Apr. The freshest lists go out in the daily alert at 21:30 CET.