updated 2026-07-24 09:49 UTC
FITB — oversold signal, 24 Feb
short term
9.8 RSI(2)
42.5 RSI(14)
50.20 close $ on flag day
−9.5% off 20-day high
16.9M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 24 Feb 50.20 52.22 +0.0% 25 Feb 51.56 51.80 +2.7% 26 Feb 51.97 51.61 +3.5% 27 Feb 49.47 50.78 -1.5% 02 Mar 49.84 50.61 -0.7% 03 Mar 49.57 50.48 -1.3% 04 Mar 49.54 50.08 -1.3% 05 Mar 48.69 49.42 -3.0% 06 Mar 47.30 48.99 -5.8% 09 Mar 46.98 48.42 -6.4% 10 Mar 46.59 47.82 -7.2%
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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