IFF — oversold signal, 15 May
RSI(2)4.3
RSI(14)47.5
Close $ · flag day73.10
Off 20-day high−12.9%
Avg volume1.7M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 15 May | 73.10 | 76.78 | +0.0% |
| 18 May | 73.70 | 75.77 | +0.8% |
| 19 May | 71.99 | 74.47 | -1.5% |
| 20 May | 74.43 | 73.86 | +1.8% |
| 21 May | 75.25 | 73.69 | +2.9% |
| 22 May | 75.28 | 74.13 | +3.0% |
| 26 May | 75.87 | 74.56 | +3.8% |
| 27 May | 77.00 | 75.57 | +5.3% |
| 28 May | 78.03 | 76.29 | +6.7% |
| 29 May | 76.05 | 76.45 | +4.0% |
| 01 Jun | 74.26 | 76.24 | +1.6% |
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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