KEY — oversold signal, 13 May
RSI(2)2.3
RSI(14)39.6
Close $ · flag day20.75
Off 20-day high−8.0%
Avg volume11.0M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 13 May | 20.75 | 21.33 | +0.0% |
| 14 May | 21.08 | 21.20 | +1.6% |
| 15 May | 21.04 | 21.09 | +1.4% |
| 18 May | 21.07 | 21.04 | +1.5% |
| 19 May | 20.92 | 20.97 | +0.8% |
| 20 May | 21.41 | 21.10 | +3.2% |
| 21 May | 21.49 | 21.19 | +3.6% |
| 22 May | 21.56 | 21.29 | +3.9% |
| 26 May | 21.77 | 21.43 | +4.9% |
| 27 May | 21.50 | 21.55 | +3.6% |
| 28 May | 21.34 | 21.53 | +2.8% |
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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