LUV — oversold signal, 04 Mar

short term

RSI(2)4.7

RSI(14)43.1

Close $ · flag day47.15

Off 20-day high−14.4%

Avg volume10.3M

What followed

Date	Close $	5-day avg.	vs flag close
04 Mar	47.15	48.67	+0.0%
05 Mar	43.90	47.27	-6.9%
06 Mar	41.56	45.73	-11.9%
09 Mar	43.03	44.68	-8.7%
10 Mar	42.82	43.69	-9.2%
11 Mar	41.85	42.63	-11.2%
12 Mar	38.61	41.57	-18.1%
13 Mar	38.75	41.01	-17.8%
16 Mar	40.23	40.45	-14.7%
17 Mar	41.12	40.11	-12.8%
18 Mar	40.19	39.78	-14.8%

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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From the oversold list of 04 Mar. The freshest lists go out in the daily alert at 21:30 CET.