updated 2026-07-24 09:49 UTC
MDT — oversold signal, 08 May
long term
9.0 RSI(2)
25.6 RSI(14)
76.15 close $ on flag day
−14.1% off 20-day high
9.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 08 May 76.15 77.56 +0.0% 11 May 74.54 76.81 -2.1% 12 May 76.82 76.61 +0.9% 13 May 76.21 76.34 +0.1% 14 May 76.97 76.14 +1.1% 15 May 76.15 76.14 +0.0% 18 May 77.32 76.69 +1.5% 19 May 78.58 77.05 +3.2% 20 May 78.15 77.43 +2.6% 21 May 78.15 77.67 +2.6% 22 May 78.60 78.16 +3.2%
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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