updated 2026-07-24 09:49 UTC
FE — oversold signal, 12 May
long term
43.4 RSI(2)
24.0 RSI(14)
44.71 close $ on flag day
−12.5% off 20-day high
6.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 12 May 44.71 44.87 +0.0% 13 May 44.12 44.59 -1.3% 14 May 44.50 44.45 -0.5% 15 May 43.82 44.35 -2.0% 18 May 44.32 44.29 -0.9% 19 May 45.07 44.37 +0.8% 20 May 45.44 44.63 +1.6% 21 May 45.50 44.83 +1.8% 22 May 46.31 45.33 +3.6% 26 May 46.64 45.79 +4.3% 27 May 46.78 46.13 +4.6%
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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