DVN — oversold signal, 05 Aug
RSI(2)6.9
RSI(14)42.3
Close $ · flag day42.09
Off 20-day high−8.9%
Avg volume9.9M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 05 Aug | 42.09 | 44.00 | +0.0% |
| 06 Aug | 43.11 | 43.79 | +2.4% |
| 07 Aug | 42.98 | 43.36 | +2.1% |
| 10 Aug | 45.36 | 43.52 | +7.8% |
| 11 Aug | 45.40 | 43.79 | +7.9% |
| 12 Aug | 44.86 | 44.34 | +6.6% |
| 13 Aug | 44.39 | 44.60 | +5.5% |
| 14 Aug | 45.85 | 45.17 | +8.9% |
| 17 Aug | 47.57 | 45.61 | +13.0% |
| 18 Aug | 47.83 | 46.10 | +13.6% |
| 19 Aug | 48.19 | 46.77 | +14.5% |
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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