updated 2026-07-24 09:49 UTC
FE — oversold signal, 15 Apr
short term
6.7 RSI(2)
50.0 RSI(14)
50.55 close $ on flag day
−3.4% off 20-day high
4.1M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 15 Apr 50.55 51.20 +0.0% 16 Apr 50.58 50.93 +0.1% 17 Apr 50.10 50.66 -0.9% 20 Apr 49.45 50.34 -2.2% 21 Apr 48.51 49.84 -4.0% 22 Apr 48.43 49.41 -4.2% 23 Apr 49.62 49.22 -1.8% 24 Apr 49.41 49.08 -2.3% 27 Apr 49.44 49.08 -2.2% 28 Apr 49.58 49.30 -1.9% 29 Apr 48.94 49.40 -3.2%
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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