updated 2026-07-24 09:49 UTC
LW — oversold signal, 12 Mar
long term
0.7 RSI(2)
24.7 RSI(14)
40.45 close $ on flag day
−20.5% off 20-day high
2.1M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 12 Mar 40.45 44.03 +0.0% 13 Mar 40.55 42.93 +0.2% 16 Mar 39.87 41.76 -1.4% 17 Mar 40.92 41.05 +1.2% 18 Mar 41.46 40.65 +2.5% 19 Mar 40.64 40.69 +0.5% 20 Mar 40.00 40.58 -1.1% 23 Mar 40.87 40.78 +1.0% 24 Mar 41.49 40.89 +2.6% 25 Mar 41.79 40.96 +3.3% 26 Mar 40.83 41.00 +0.9%
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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