IR — oversold signal, 19 May
RSI(2)2.7
RSI(14)28.2
Close $ · flag day68.54
Off 20-day high−20.4%
Avg volume3.9M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 19 May | 68.54 | 70.41 | +0.0% |
| 20 May | 70.37 | 70.21 | +2.7% |
| 21 May | 70.28 | 69.90 | +2.5% |
| 22 May | 70.91 | 70.01 | +3.5% |
| 26 May | 72.43 | 70.51 | +5.7% |
| 27 May | 70.96 | 70.99 | +3.5% |
| 28 May | 70.99 | 71.11 | +3.6% |
| 29 May | 71.64 | 71.39 | +4.5% |
| 01 Jun | 70.96 | 71.40 | +3.5% |
| 02 Jun | 71.62 | 71.23 | +4.5% |
| 03 Jun | 70.07 | 71.06 | +2.2% |
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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