updated 2026-07-24 09:49 UTC
IP — oversold signal, 19 Feb
short term
3.2 RSI(2)
58.8 RSI(14)
46.86 close $ on flag day
−6.7% off 20-day high
9.3M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 19 Feb 46.86 48.53 +0.0% 20 Feb 46.87 48.07 +0.0% 23 Feb 44.41 47.13 -5.2% 24 Feb 44.02 46.13 -6.1% 25 Feb 43.66 45.16 -6.8% 26 Feb 43.13 44.42 -8.0% 27 Feb 43.55 43.75 -7.1% 02 Mar 42.89 43.45 -8.5% 03 Mar 42.05 43.06 -10.3% 04 Mar 42.58 42.84 -9.1% 05 Mar 41.31 42.48 -11.8%
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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