Closing Note
updated 2026-07-24 09:49 UTC

ITW — oversold signal, 18 Mar

short termlong term
6.8RSI(2)
28.4RSI(14)
260.74close $ on flag day
−12.6%off 20-day high
1.3Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
18 Mar260.74265.95+0.0%
19 Mar260.62264.95-0.0%
20 Mar257.68263.08-1.2%
23 Mar262.75261.91+0.8%
24 Mar265.04261.37+1.6%
25 Mar266.45262.51+2.2%
26 Mar261.37262.66+0.2%
27 Mar259.04262.93-0.7%
30 Mar256.19261.62-1.7%
31 Mar260.29260.67-0.2%
01 Apr260.54259.49-0.1%

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.

Research chart

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 18 Mar. The freshest lists go out in the daily alert at 21:30 CET.