BMY — oversold signal, 23 Mar
RSI(2)1.9
RSI(14)35.8
Close $ · flag day57.00
Off 20-day high−9.4%
Avg volume15.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 23 Mar | 57.00 | 58.33 | +0.0% |
| 24 Mar | 57.39 | 57.87 | +0.7% |
| 25 Mar | 58.94 | 57.78 | +3.4% |
| 26 Mar | 59.43 | 58.05 | +4.3% |
| 27 Mar | 58.54 | 58.26 | +2.7% |
| 30 Mar | 59.73 | 58.81 | +4.8% |
| 31 Mar | 60.65 | 59.46 | +6.4% |
| 01 Apr | 61.73 | 60.02 | +8.3% |
| 02 Apr | 59.60 | 60.05 | +4.6% |
| 06 Apr | 59.33 | 60.21 | +4.1% |
| 07 Apr | 57.67 | 59.80 | +1.2% |
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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