updated 2026-07-24 09:49 UTC
SO — oversold signal, 06 May
short term
7.6 RSI(2)
43.5 RSI(14)
93.51 close $ on flag day
−5.1% off 20-day high
4.8M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 06 May 93.51 95.76 +0.0% 07 May 92.43 94.91 -1.2% 08 May 91.80 93.93 -1.8% 11 May 93.10 93.35 -0.4% 12 May 93.47 92.86 -0.0% 13 May 93.14 92.79 -0.4% 14 May 93.68 93.04 +0.2% 15 May 92.55 93.19 -1.0% 18 May 93.71 93.31 +0.2% 19 May 94.14 93.44 +0.7% 20 May 93.62 93.54 +0.1%
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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