EIX — oversold signal, 18 May
RSI(2)7.5
RSI(14)41.5
Close $ · flag day68.44
Off 20-day high−4.7%
Avg volume2.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 18 May | 68.44 | 70.04 | +0.0% |
| 19 May | 70.68 | 69.93 | +3.3% |
| 20 May | 69.74 | 69.75 | +1.9% |
| 21 May | 70.32 | 69.67 | +2.7% |
| 22 May | 71.18 | 70.07 | +4.0% |
| 26 May | 71.24 | 70.63 | +4.1% |
| 27 May | 71.66 | 70.83 | +4.7% |
| 28 May | 70.28 | 70.94 | +2.7% |
| 29 May | 69.94 | 70.86 | +2.2% |
| 01 Jun | 69.09 | 70.44 | +0.9% |
| 02 Jun | 70.92 | 70.38 | +3.6% |
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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