updated 2026-07-24 09:49 UTC
NEM — oversold signal, 13 Mar
short term
4.4 RSI(2)
37.7 RSI(14)
109.58 close $ on flag day
−17.0% off 20-day high
9.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 13 Mar 109.58 115.23 +0.0% 16 Mar 110.19 113.87 +0.6% 17 Mar 111.04 112.30 +1.3% 18 Mar 106.54 110.37 -2.8% 19 Mar 99.20 107.31 -9.5% 20 Mar 95.80 104.55 -12.6% 23 Mar 98.14 102.14 -10.4% 24 Mar 99.02 99.74 -9.6% 25 Mar 101.52 98.74 -7.4% 26 Mar 99.36 98.77 -9.3% 27 Mar 102.10 100.03 -6.8%
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.
Research chart
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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
(the live record starts at launch); past results do not guarantee future
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