updated 2026-07-24 09:49 UTC
MCHP — oversold signal, 06 Mar
long term
0.0 RSI(2)
25.8 RSI(14)
64.77 close $ on flag day
−22.3% off 20-day high
9.4M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 06 Mar 64.77 69.64 +0.0% 09 Mar 65.00 67.77 +0.4% 10 Mar 65.33 66.56 +0.9% 11 Mar 65.79 65.74 +1.6% 12 Mar 62.73 64.72 -3.1% 13 Mar 61.94 64.16 -4.4% 16 Mar 63.83 63.92 -1.5% 17 Mar 64.59 63.78 -0.3% 18 Mar 64.71 63.56 -0.1% 19 Mar 63.29 63.67 -2.3% 20 Mar 62.97 63.88 -2.8%
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
(the live record starts at launch); past results do not guarantee future
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