IFF — oversold signal, 29 Jan

short term

RSI(2)5.9

RSI(14)49.2

Close $ · flag day69.60

Off 20-day high−6.5%

Avg volume1.6M

What followed

Date	Close $	5-day avg.	vs flag close
29 Jan	69.60	72.45	+0.0%
30 Jan	69.81	71.76	+0.3%
02 Feb	69.75	70.91	+0.2%
03 Feb	70.38	70.34	+1.1%
04 Feb	74.29	70.77	+6.7%
05 Feb	73.43	71.53	+5.5%
06 Feb	74.82	72.53	+7.5%
09 Feb	75.18	73.62	+8.0%
10 Feb	76.76	74.90	+10.3%
11 Feb	76.97	75.43	+10.6%
12 Feb	81.50	77.05	+17.1%

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