updated 2026-07-24 09:49 UTC
FE — oversold signal, 06 May
long term
0.5 RSI(2)
23.4 RSI(14)
45.55 close $ on flag day
−13.0% off 20-day high
6.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 06 May 45.55 46.53 +0.0% 07 May 45.17 46.06 -0.8% 08 May 44.33 45.54 -2.7% 11 May 44.60 45.11 -2.1% 12 May 44.71 44.87 -1.8% 13 May 44.12 44.59 -3.1% 14 May 44.50 44.45 -2.3% 15 May 43.82 44.35 -3.8% 18 May 44.32 44.29 -2.7% 19 May 45.07 44.37 -1.1% 20 May 45.44 44.63 -0.2%
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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