FE — oversold signal, 17 Apr
RSI(2)4.0
RSI(14)45.3
Close $ · flag day50.10
Off 20-day high−4.3%
Avg volume4.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 17 Apr | 50.10 | 50.66 | +0.0% |
| 20 Apr | 49.45 | 50.34 | -1.3% |
| 21 Apr | 48.51 | 49.84 | -3.2% |
| 22 Apr | 48.43 | 49.41 | -3.3% |
| 23 Apr | 49.62 | 49.22 | -1.0% |
| 24 Apr | 49.41 | 49.08 | -1.4% |
| 27 Apr | 49.44 | 49.08 | -1.3% |
| 28 Apr | 49.58 | 49.30 | -1.0% |
| 29 Apr | 48.94 | 49.40 | -2.3% |
| 30 Apr | 47.52 | 48.98 | -5.1% |
| 01 May | 46.92 | 48.48 | -6.3% |
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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