updated 2026-07-24 09:49 UTC
OXY — oversold signal, 17 Jun
short term
8.6 RSI(2)
36.3 RSI(14)
53.04 close $ on flag day
−13.4% off 20-day high
10.5M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 17 Jun 53.04 54.64 +0.0% 18 Jun 51.82 53.91 -2.3% 22 Jun 52.00 53.00 -2.0% 23 Jun 52.23 52.55 -1.5% 24 Jun 51.09 52.04 -3.7% 25 Jun 51.21 51.67 -3.5% 26 Jun 49.99 51.30 -5.8% 29 Jun 49.09 50.72 -7.4% 30 Jun 48.57 49.99 -8.4% 01 Jul 47.94 49.36 -9.6% 02 Jul 48.91 48.90 -7.8%
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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