IP — oversold signal, 28 Aug
RSI(2)9.5
RSI(14)44.4
Close $ · flag day39.31
Off 20-day high−8.3%
Avg volume3.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 28 Aug | 39.31 | 40.52 | +0.0% |
| 31 Aug | 37.93 | 39.90 | -3.5% |
| 01 Sep | 36.46 | 38.99 | -7.3% |
| 02 Sep | 36.30 | 37.98 | -7.7% |
| 03 Sep | 36.44 | 37.29 | -7.3% |
| 04 Sep | 37.24 | 36.87 | -5.3% |
| 08 Sep | 36.49 | 36.59 | -7.2% |
| 09 Sep | 34.64 | 36.22 | -11.9% |
| 10 Sep | 34.29 | 35.82 | -12.8% |
| 11 Sep | 34.36 | 35.40 | -12.6% |
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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