FTV — oversold signal, 20 Jan

short term

RSI(2)5.8

RSI(14)40.3

Close $ · flag day52.70

Off 20-day high−6.2%

Avg volume3.3M

What followed

Date	Close $	5-day avg.	vs flag close
20 Jan	52.70	54.72	+0.0%
21 Jan	54.44	54.67	+3.3%
22 Jan	54.72	54.47	+3.8%
23 Jan	54.59	54.28	+3.6%
26 Jan	54.75	54.24	+3.9%
27 Jan	53.15	54.33	+0.9%
28 Jan	52.80	54.00	+0.2%
29 Jan	53.08	53.67	+0.7%
30 Jan	52.81	53.32	+0.2%
02 Feb	53.70	53.11	+1.9%
03 Feb	54.35	53.35	+3.1%

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 20 Jan. The freshest lists go out in the daily alert at 21:30 CET.