updated 2026-07-24 09:49 UTC
LUV — oversold signal, 14 May
short term
8.9 RSI(2)
47.4 RSI(14)
39.33 close $ on flag day
−12.4% off 20-day high
7.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 14 May 39.33 39.90 +0.0% 15 May 38.50 39.34 -2.1% 18 May 38.36 39.02 -2.5% 19 May 37.35 38.59 -5.0% 20 May 39.70 38.65 +0.9% 21 May 40.78 38.94 +3.7% 22 May 40.86 39.41 +3.9% 26 May 42.28 40.19 +7.5% 27 May 43.68 41.46 +11.1% 28 May 43.31 42.18 +10.1% 29 May 42.95 42.62 +9.2%
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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