updated 2026-07-24 09:49 UTC
FE — oversold signal, 08 May
long term
0.1 RSI(2)
19.4 RSI(14)
44.33 close $ on flag day
−13.9% off 20-day high
6.4M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 08 May 44.33 45.54 +0.0% 11 May 44.60 45.11 +0.6% 12 May 44.71 44.87 +0.9% 13 May 44.12 44.59 -0.5% 14 May 44.50 44.45 +0.4% 15 May 43.82 44.35 -1.2% 18 May 44.32 44.29 -0.0% 19 May 45.07 44.37 +1.7% 20 May 45.44 44.63 +2.5% 21 May 45.50 44.83 +2.6% 22 May 46.31 45.33 +4.5%
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
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recommendation — decisions are yours alone. Figures shown are backtested
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