ABT — oversold signal, 12 May
RSI(2)53.0
RSI(14)27.7
Close $ · flag day84.35
Off 20-day high−17.7%
Avg volume14.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 12 May | 84.35 | 84.91 | +0.0% |
| 13 May | 83.83 | 84.41 | -0.6% |
| 14 May | 84.90 | 83.99 | +0.7% |
| 15 May | 84.47 | 84.02 | +0.1% |
| 18 May | 87.91 | 85.09 | +4.2% |
| 19 May | 88.82 | 85.99 | +5.3% |
| 20 May | 88.38 | 86.90 | +4.8% |
| 21 May | 87.77 | 87.47 | +4.1% |
| 22 May | 87.41 | 88.06 | +3.6% |
| 26 May | 86.67 | 87.81 | +2.8% |
| 27 May | 85.68 | 87.18 | +1.6% |
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.
Research chart
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