updated 2026-07-24 09:49 UTC
NDAQ — oversold signal, 12 Feb
long term
5.2 RSI(2)
20.6 RSI(14)
79.01 close $ on flag day
−22.4% off 20-day high
5.9M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 12 Feb 79.01 82.61 +0.0% 13 Feb 79.47 81.54 +0.6% 17 Feb 80.24 80.33 +1.6% 18 Feb 82.13 80.25 +3.9% 19 Feb 81.41 80.45 +3.0% 20 Feb 81.87 81.02 +3.6% 23 Feb 79.92 81.11 +1.2% 24 Feb 81.11 81.29 +2.7% 25 Feb 83.99 81.66 +6.3% 26 Feb 88.59 83.10 +12.1% 27 Feb 87.58 84.24 +10.8%
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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