updated 2026-07-24 09:49 UTC
DVN — oversold signal, 28 May
short term
2.0 RSI(2)
35.9 RSI(14)
44.11 close $ on flag day
−15.1% off 20-day high
15.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 28 May 44.11 45.57 +0.0% 29 May 44.49 45.05 +0.9% 01 Jun 46.31 44.86 +5.0% 02 Jun 46.22 45.08 +4.8% 03 Jun 46.18 45.46 +4.7% 04 Jun 45.99 45.84 +4.3% 05 Jun 44.28 45.80 +0.4% 08 Jun 45.08 45.55 +2.2% 09 Jun 44.07 45.12 -0.1% 10 Jun 46.60 45.20 +5.6% 11 Jun 44.61 44.93 +1.1%
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.
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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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