DOW — oversold signal, 19 May
RSI(2)5.0
RSI(14)45.8
Close $ · flag day37.74
Off 20-day high−9.0%
Avg volume11.5M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 19 May | 37.74 | 38.53 | +0.0% |
| 20 May | 36.27 | 38.02 | -3.9% |
| 21 May | 35.91 | 37.45 | -4.8% |
| 22 May | 36.01 | 36.90 | -4.6% |
| 26 May | 35.28 | 36.24 | -6.5% |
| 27 May | 34.49 | 35.59 | -8.6% |
| 28 May | 34.77 | 35.29 | -7.9% |
| 29 May | 33.75 | 34.86 | -10.6% |
| 01 Jun | 34.69 | 34.60 | -8.1% |
| 02 Jun | 34.72 | 34.48 | -8.0% |
| 03 Jun | 35.40 | 34.67 | -6.2% |
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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