KEY — oversold signal, 21 Aug
RSI(2)8.8
RSI(14)36.5
Close $ · flag day21.87
Off 20-day high−6.8%
Avg volume9.4M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 21 Aug | 21.87 | 22.33 | +0.0% |
| 24 Aug | 21.87 | 22.10 | +0.0% |
| 25 Aug | 21.89 | 21.92 | +0.1% |
| 26 Aug | 22.09 | 21.91 | +1.0% |
| 27 Aug | 22.02 | 21.95 | +0.7% |
| 28 Aug | 21.91 | 21.96 | +0.2% |
| 31 Aug | 21.61 | 21.90 | -1.2% |
| 01 Sep | 21.21 | 21.77 | -3.0% |
| 02 Sep | 21.80 | 21.71 | -0.3% |
| 03 Sep | 22.12 | 21.73 | +1.1% |
| 04 Sep | 22.18 | 21.78 | +1.4% |
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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