updated 2026-07-24 09:49 UTC
NFLX — oversold signal, 12 Jun
long term
11.8 RSI(2)
29.0 RSI(14)
80.34 close $ on flag day
−12.2% off 20-day high
33.6M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 12 Jun 80.34 81.53 +0.0% 15 Jun 81.67 81.34 +1.7% 16 Jun 78.72 80.80 -2.0% 17 Jun 76.96 79.79 -4.2% 18 Jun 77.38 79.01 -3.7% 22 Jun 72.88 77.52 -9.3% 23 Jun 72.82 75.75 -9.4% 24 Jun 71.84 74.38 -10.6% 25 Jun 70.90 73.16 -11.8% 26 Jun 73.81 72.45 -8.1% 29 Jun 73.78 72.63 -8.2%
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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