updated 2026-07-24 09:49 UTC
OXY — oversold signal, 07 May
short term
6.2 RSI(2)
39.1 RSI(14)
53.94 close $ on flag day
−11.3% off 20-day high
13.1M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 07 May 53.94 57.48 +0.0% 08 May 53.03 56.34 -1.7% 11 May 55.14 55.31 +2.2% 12 May 56.27 54.70 +4.3% 13 May 56.18 54.91 +4.2% 14 May 56.84 55.49 +5.4% 15 May 59.62 56.81 +10.5% 18 May 59.70 57.72 +10.7% 19 May 60.70 58.61 +12.5% 20 May 58.87 59.15 +9.1% 21 May 58.83 59.54 +9.1%
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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