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

MCHP — oversold signal, 10 Mar

long term
26.8RSI(2)
28.1RSI(14)
65.33close $ on flag day
−21.6%off 20-day high
9.0Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
10 Mar65.3366.56+0.0%
11 Mar65.7965.74+0.7%
12 Mar62.7364.72-4.0%
13 Mar61.9464.16-5.2%
16 Mar63.8363.92-2.3%
17 Mar64.5963.78-1.1%
18 Mar64.7163.56-0.9%
19 Mar63.2963.67-3.1%
20 Mar62.9763.88-3.6%
23 Mar64.3463.98-1.5%
24 Mar65.6364.19+0.5%

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 10 Mar. The freshest lists go out in the daily alert at 21:30 CET.