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

FCX — oversold signal, 06 Mar

short term
2.3RSI(2)
40.7RSI(14)
59.36close $ on flag day
−14.9%off 20-day high
17.7Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
06 Mar59.3664.36+0.0%
09 Mar60.4962.80+1.9%
10 Mar62.4062.17+5.1%
11 Mar61.5461.29+3.7%
12 Mar59.2160.60-0.3%
13 Mar56.3860.00-5.0%
16 Mar57.9359.49-2.4%
17 Mar58.0958.63-2.1%
18 Mar55.4557.41-6.6%
19 Mar53.6256.29-9.7%
20 Mar52.0955.44-12.2%

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.

Research chart

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From the oversold list of 06 Mar. The freshest lists go out in the daily alert at 21:30 CET.