BMY — oversold signal, 08 May

short term

RSI(2)8.3

RSI(14)40.1

Close $ · flag day56.16

Off 20-day high−7.6%

Avg volume10.3M

What followed

Date	Close $	5-day avg.	vs flag close
08 May	56.16	56.67	+0.0%
11 May	55.67	56.32	-0.9%
12 May	56.45	56.22	+0.5%
13 May	56.39	56.18	+0.4%
14 May	56.77	56.29	+1.1%
15 May	57.00	56.46	+1.5%
18 May	57.31	56.78	+2.0%
19 May	58.31	57.16	+3.8%
20 May	58.54	57.59	+4.2%
21 May	59.55	58.14	+6.0%
22 May	59.46	58.63	+5.9%

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.

Research chart

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From the oversold list of 08 May. The freshest lists go out in the daily alert at 21:30 CET.