DVN — oversold signal, 28 Jul
RSI(2)7.2
RSI(14)45.0
Close $ · flag day42.66
Off 20-day high−7.7%
Avg volume11.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 28 Jul | 42.66 | 44.21 | +0.0% |
| 29 Jul | 44.46 | 44.12 | +4.2% |
| 30 Jul | 44.17 | 43.90 | +3.5% |
| 31 Jul | 45.13 | 43.92 | +5.8% |
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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