updated 2026-07-24 09:49 UTC
LYB — oversold signal, 21 May
short term
4.8 RSI(2)
42.8 RSI(14)
70.08 close $ on flag day
−10.6% off 20-day high
5.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 21 May 70.08 72.72 +0.0% 22 May 69.72 71.65 -0.5% 26 May 69.01 70.63 -1.5% 27 May 67.67 69.56 -3.4% 28 May 68.35 68.97 -2.5% 29 May 66.65 68.28 -4.9% 01 Jun 67.14 67.76 -4.2% 02 Jun 67.31 67.42 -4.0% 03 Jun 67.30 67.35 -4.0% 04 Jun 66.18 66.92 -5.6% 05 Jun 64.50 66.49 -8.0%
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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