updated 2026-07-24 09:49 UTC
ORLY — oversold signal, 04 Feb
short term
3.7 RSI(2)
50.7 RSI(14)
96.74 close $ on flag day
−5.3% off 20-day high
6.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close
04 Feb 96.74 97.82 +0.0% 05 Feb 92.86 96.62 -4.0% 06 Feb 94.22 95.79 -2.6% 09 Feb 92.72 94.73 -4.2% 10 Feb 93.44 94.00 -3.4% 11 Feb 94.11 93.47 -2.7% 12 Feb 95.21 93.94 -1.6% 13 Feb 96.66 94.43 -0.1% 17 Feb 92.60 94.40 -4.3% 18 Feb 92.75 94.27 -4.1% 19 Feb 94.17 94.28 -2.7%
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.
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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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