updated 2026-07-24 09:49 UTC
PNW — oversold signal, 28 May
short term
8.7 RSI(2)
47.8 RSI(14)
100.85 close $ on flag day
−3.8% off 20-day high
1.3M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 28 May 100.85 102.25 +0.0% 29 May 99.74 101.83 -1.1% 01 Jun 97.48 100.74 -3.3% 02 Jun 98.82 99.94 -2.0% 03 Jun 99.39 99.26 -1.4% 04 Jun 100.48 99.18 -0.4% 05 Jun 103.06 99.85 +2.2% 08 Jun 101.29 100.61 +0.4% 09 Jun 102.65 101.37 +1.8% 10 Jun 103.10 102.12 +2.2% 11 Jun 102.40 102.50 +1.5%
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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