FE — oversold signal, 18 May
RSI(2)58.5
RSI(14)29.4
Close $ · flag day44.32
Off 20-day high−11.3%
Avg volume6.4M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 18 May | 44.32 | 44.29 | +0.0% |
| 19 May | 45.07 | 44.37 | +1.7% |
| 20 May | 45.44 | 44.63 | +2.5% |
| 21 May | 45.50 | 44.83 | +2.7% |
| 22 May | 46.31 | 45.33 | +4.5% |
| 26 May | 46.64 | 45.79 | +5.2% |
| 27 May | 46.78 | 46.13 | +5.6% |
| 28 May | 46.19 | 46.28 | +4.2% |
| 29 May | 46.39 | 46.46 | +4.7% |
| 01 Jun | 45.38 | 46.28 | +2.4% |
| 02 Jun | 45.32 | 46.01 | +2.3% |
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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