DVN — oversold signal, 26 May
RSI(2)3.8
RSI(14)39.0
Close $ · flag day45.14
Off 20-day high−13.1%
Avg volume15.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 26 May | 45.14 | 47.52 | +0.0% |
| 27 May | 44.27 | 46.44 | -1.9% |
| 28 May | 44.11 | 45.57 | -2.3% |
| 29 May | 44.49 | 45.05 | -1.4% |
| 01 Jun | 46.31 | 44.86 | +2.6% |
| 02 Jun | 46.22 | 45.08 | +2.4% |
| 03 Jun | 46.18 | 45.46 | +2.3% |
| 04 Jun | 45.99 | 45.84 | +1.9% |
| 05 Jun | 44.28 | 45.80 | -1.9% |
| 08 Jun | 45.08 | 45.55 | -0.1% |
| 09 Jun | 44.07 | 45.12 | -2.4% |
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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