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

MCHP — oversold signal, 12 Mar

long term
9.2RSI(2)
25.2RSI(14)
62.73close $ on flag day
−24.7%off 20-day high
8.6Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
12 Mar62.7364.72+0.0%
13 Mar61.9464.16-1.3%
16 Mar63.8363.92+1.8%
17 Mar64.5963.78+3.0%
18 Mar64.7163.56+3.2%
19 Mar63.2963.67+0.9%
20 Mar62.9763.88+0.4%
23 Mar64.3463.98+2.6%
24 Mar65.6364.19+4.6%
25 Mar65.1664.28+3.9%
26 Mar64.2064.46+2.3%

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

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From the oversold list of 12 Mar. The freshest lists go out in the daily alert at 21:30 CET.