updated 2026-07-24 09:49 UTC
OXY — oversold signal, 08 May
short term
4.2 RSI(2)
37.2 RSI(14)
53.03 close $ on flag day
−12.8% off 20-day high
13.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 08 May 53.03 56.34 +0.0% 11 May 55.14 55.31 +4.0% 12 May 56.27 54.70 +6.1% 13 May 56.18 54.91 +5.9% 14 May 56.84 55.49 +7.2% 15 May 59.62 56.81 +12.4% 18 May 59.70 57.72 +12.6% 19 May 60.70 58.61 +14.5% 20 May 58.87 59.15 +11.0% 21 May 58.83 59.54 +10.9% 22 May 58.81 59.38 +10.9%
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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