updated 2026-07-24 09:49 UTC
PPL — oversold signal, 06 May
short term
8.9 RSI(2)
35.7 RSI(14)
36.88 close $ on flag day
−8.1% off 20-day high
8.6M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 06 May 36.88 37.41 +0.0% 07 May 36.77 37.28 -0.3% 08 May 35.91 36.94 -2.6% 11 May 36.24 36.63 -1.7% 12 May 36.35 36.43 -1.4% 13 May 35.75 36.20 -3.1% 14 May 35.78 36.01 -3.0% 15 May 34.88 35.80 -5.4% 18 May 34.93 35.54 -5.3% 19 May 35.25 35.32 -4.4% 20 May 35.44 35.26 -3.9%
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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