IP — oversold signal, 17 Aug
RSI(2)5.8
RSI(14)50.3
Close $ · flag day40.26
Off 20-day high−10.2%
Avg volume5.2M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 17 Aug | 40.26 | 41.01 | +0.0% |
| 18 Aug | 40.05 | 40.66 | -0.5% |
| 19 Aug | 41.06 | 40.65 | +2.0% |
| 20 Aug | 40.36 | 40.49 | +0.2% |
| 21 Aug | 41.49 | 40.64 | +3.1% |
| 24 Aug | 41.04 | 40.80 | +1.9% |
| 25 Aug | 40.99 | 40.99 | +1.8% |
| 26 Aug | 41.39 | 41.05 | +2.8% |
| 27 Aug | 39.88 | 40.96 | -0.9% |
| 28 Aug | 39.31 | 40.52 | -2.4% |
| 31 Aug | 37.93 | 39.90 | -5.8% |
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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