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

MLM — oversold signal, 20 Mar

long term
0.9RSI(2)
23.7RSI(14)
560.69close $ on flag day
−20.2%off 20-day high
0.6Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
20 Mar560.69572.78+0.0%
23 Mar577.59571.23+3.0%
24 Mar576.18569.97+2.8%
25 Mar589.42574.27+5.1%
26 Mar580.11576.80+3.5%
27 Mar570.94578.85+1.8%
30 Mar573.57578.04+2.3%
31 Mar588.68580.54+5.0%
01 Apr598.92582.44+6.8%
02 Apr597.18585.86+6.5%
06 Apr598.48591.37+6.7%

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