updated 2026-07-24 09:49 UTC
PPL — oversold signal, 17 Apr
short term
6.3 RSI(2)
56.3 RSI(14)
39.02 close $ on flag day
−2.7% off 20-day high
6.4M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 17 Apr 39.02 39.37 +0.0% 20 Apr 38.73 39.21 -0.7% 21 Apr 38.21 38.93 -2.1% 22 Apr 37.78 38.62 -3.2% 23 Apr 38.54 38.46 -1.2% 24 Apr 38.75 38.40 -0.7% 27 Apr 38.74 38.40 -0.7% 28 Apr 38.99 38.56 -0.1% 29 Apr 38.66 38.74 -0.9% 30 Apr 37.44 38.52 -4.0% 01 May 37.60 38.29 -3.6%
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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