updated 2026-07-24 09:49 UTC
EW — oversold signal, 29 Jan
short term
6.6 RSI(2)
38.6 RSI(14)
81.49 close $ on flag day
−5.9% off 20-day high
3.6M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 29 Jan 81.49 82.98 +0.0% 30 Jan 81.36 82.52 -0.2% 02 Feb 82.65 82.19 +1.4% 03 Feb 82.10 81.89 +0.7% 04 Feb 79.77 81.47 -2.1% 05 Feb 78.10 80.80 -4.2% 06 Feb 78.71 80.27 -3.4% 09 Feb 76.80 79.10 -5.8% 10 Feb 77.05 78.09 -5.4% 11 Feb 79.33 78.00 -2.7% 12 Feb 76.44 77.67 -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
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