updated 2026-07-24 09:49 UTC
MKC — oversold signal, 23 Jan
long term
3.5 RSI(2)
29.9 RSI(14)
60.79 close $ on flag day
−12.8% off 20-day high
4.0M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 23 Jan 60.79 64.68 +0.0% 26 Jan 60.97 63.47 +0.3% 27 Jan 63.41 62.59 +4.3% 28 Jan 61.86 61.65 +1.8% 29 Jan 61.32 61.67 +0.9% 30 Jan 61.83 61.88 +1.7% 02 Feb 61.10 61.90 +0.5% 03 Feb 63.29 61.88 +4.1% 04 Feb 66.58 62.82 +9.5% 05 Feb 66.98 63.96 +10.2% 06 Feb 67.42 65.07 +10.9%
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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