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

FCX — oversold signal, 20 Mar

short term
3.8RSI(2)
31.6RSI(14)
52.09close $ on flag day
−25.3%off 20-day high
19.8Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
20 Mar52.0955.44+0.0%
23 Mar54.9454.84+5.5%
24 Mar56.4854.52+8.4%
25 Mar57.0954.84+9.6%
26 Mar55.8355.29+7.2%
27 Mar56.2456.12+8.0%
30 Mar54.6556.06+4.9%
31 Mar58.7856.52+12.8%
01 Apr61.2057.34+17.5%
02 Apr61.3858.45+17.8%
06 Apr61.0559.41+17.2%

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 20 Mar. The freshest lists go out in the daily alert at 21:30 CET.