updated 2026-07-24 09:49 UTC
FE — oversold signal, 20 Apr
short term
1.4 RSI(2)
39.7 RSI(14)
49.45 close $ on flag day
−5.5% off 20-day high
3.8M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 20 Apr 49.45 50.34 +0.0% 21 Apr 48.51 49.84 -1.9% 22 Apr 48.43 49.41 -2.1% 23 Apr 49.62 49.22 +0.3% 24 Apr 49.41 49.08 -0.1% 27 Apr 49.44 49.08 -0.0% 28 Apr 49.58 49.30 +0.3% 29 Apr 48.94 49.40 -1.0% 30 Apr 47.52 48.98 -3.9% 01 May 46.92 48.48 -5.1% 04 May 46.78 47.95 -5.4%
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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