LUV — oversold signal, 18 May
RSI(2)1.5
RSI(14)43.3
Close $ · flag day38.36
Off 20-day high−9.5%
Avg volume7.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 18 May | 38.36 | 39.02 | +0.0% |
| 19 May | 37.35 | 38.59 | -2.6% |
| 20 May | 39.70 | 38.65 | +3.5% |
| 21 May | 40.78 | 38.94 | +6.3% |
| 22 May | 40.86 | 39.41 | +6.5% |
| 26 May | 42.28 | 40.19 | +10.2% |
| 27 May | 43.68 | 41.46 | +13.9% |
| 28 May | 43.31 | 42.18 | +12.9% |
| 29 May | 42.95 | 42.62 | +12.0% |
| 01 Jun | 42.76 | 43.00 | +11.5% |
| 02 Jun | 42.34 | 43.01 | +10.4% |
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
Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.