FE — oversold signal, 14 May
RSI(2)54.1
RSI(14)26.4
Close $ · flag day44.50
Off 20-day high−11.9%
Avg volume6.4M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 14 May | 44.50 | 44.45 | +0.0% |
| 15 May | 43.82 | 44.35 | -1.5% |
| 18 May | 44.32 | 44.29 | -0.4% |
| 19 May | 45.07 | 44.37 | +1.3% |
| 20 May | 45.44 | 44.63 | +2.1% |
| 21 May | 45.50 | 44.83 | +2.2% |
| 22 May | 46.31 | 45.33 | +4.1% |
| 26 May | 46.64 | 45.79 | +4.8% |
| 27 May | 46.78 | 46.13 | +5.1% |
| 28 May | 46.19 | 46.28 | +3.8% |
| 29 May | 46.39 | 46.46 | +4.2% |
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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