updated 2026-07-24 09:49 UTC
OTIS — oversold signal, 19 May
long term
7.8 RSI(2)
27.9 RSI(14)
70.94 close $ on flag day
−12.5% off 20-day high
4.3M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 19 May 70.94 71.88 +0.0% 20 May 71.27 71.48 +0.5% 21 May 71.63 71.20 +1.0% 22 May 72.77 71.55 +2.6% 26 May 72.73 71.87 +2.5% 27 May 71.79 72.04 +1.2% 28 May 71.21 72.03 +0.4% 29 May 70.84 71.87 -0.1% 01 Jun 69.34 71.18 -2.3% 02 Jun 70.33 70.70 -0.9% 03 Jun 69.92 70.33 -1.4%
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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