IBM — oversold signal, 22 Jul
RSI(2)6.9
RSI(14)29.8
Close $ · flag day205.77
Off 20-day high−34.0%
Avg volume13.2M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 22 Jul | 205.77 | 212.20 | +0.0% |
| 23 Jul | 206.65 | 209.72 | +0.4% |
| 24 Jul | 214.19 | 210.02 | +4.1% |
| 27 Jul | 216.28 | 210.68 | +5.1% |
| 28 Jul | 227.55 | 214.09 | +10.6% |
| 29 Jul | 226.44 | 218.22 | +10.0% |
| 30 Jul | 221.74 | 221.24 | +7.8% |
| 31 Jul | 223.65 | 223.13 | +8.7% |
| 03 Aug | 226.31 | 225.14 | +10.0% |
| 04 Aug | 235.15 | 226.66 | +14.3% |
| 05 Aug | 235.92 | 228.55 | +14.7% |
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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