CDNS — oversold signal, 16 Jul
RSI(2)3.9
RSI(14)42.2
Close $ · flag day364.65
Off 20-day high−9.6%
Avg volume2.3M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 16 Jul | 364.65 | 375.01 | +0.0% |
| 17 Jul | 330.11 | 364.20 | -9.5% |
| 20 Jul | 329.93 | 354.60 | -9.5% |
| 21 Jul | 344.64 | 348.17 | -5.5% |
| 22 Jul | 337.01 | 341.27 | -7.6% |
| 23 Jul | 330.46 | 334.43 | -9.4% |
| 24 Jul | 326.24 | 333.66 | -10.5% |
| 27 Jul | 338.61 | 335.39 | -7.1% |
| 28 Jul | 344.72 | 335.41 | -5.5% |
| 29 Jul | 332.76 | 334.56 | -8.7% |
| 30 Jul | 332.82 | 335.03 | -8.7% |
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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