EIX — oversold signal, 07 Jan

short term

RSI(2)5.6

RSI(14)45.4

Close $ · flag day58.46

Off 20-day high−4.8%

Avg volume3.2M

What followed

Date	Close $	5-day avg.	vs flag close
07 Jan	58.46	60.11	+0.0%
08 Jan	59.61	60.03	+2.0%
09 Jan	60.99	60.04	+4.3%
12 Jan	59.99	59.91	+2.6%
13 Jan	60.68	59.95	+3.8%
14 Jan	61.62	60.58	+5.4%
15 Jan	61.52	60.96	+5.2%
16 Jan	62.39	61.24	+6.7%
20 Jan	59.91	61.22	+2.5%
21 Jan	60.42	61.17	+3.4%
22 Jan	60.74	61.00	+3.9%

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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From the oversold list of 07 Jan. The freshest lists go out in the daily alert at 21:30 CET.