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

MLM — oversold signal, 17 Mar

long term
12.0RSI(2)
28.3RSI(14)
582.50close $ on flag day
−17.1%off 20-day high
0.6Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
17 Mar582.50587.30+0.0%
18 Mar567.92581.37-2.5%
19 Mar567.47577.39-2.6%
20 Mar560.69572.78-3.7%
23 Mar577.59571.23-0.8%
24 Mar576.18569.97-1.1%
25 Mar589.42574.27+1.2%
26 Mar580.11576.80-0.4%
27 Mar570.94578.85-2.0%
30 Mar573.57578.04-1.5%
31 Mar588.68580.54+1.1%

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