updated 2026-07-24 09:49 UTC
PNW — oversold signal, 08 May
short term
3.3 RSI(2)
40.0 RSI(14)
99.25 close $ on flag day
−5.3% off 20-day high
1.2M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 08 May 99.25 100.41 +0.0% 11 May 99.71 99.99 +0.5% 12 May 99.83 99.70 +0.6% 13 May 99.08 99.48 -0.2% 14 May 99.77 99.53 +0.5% 15 May 98.40 99.36 -0.9% 18 May 99.76 99.37 +0.5% 19 May 101.50 99.70 +2.3% 20 May 101.93 100.27 +2.7% 21 May 101.84 100.69 +2.6% 22 May 102.94 101.59 +3.7%
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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