MCHP — oversold signal, 26 Feb
RSI(2)4.0
RSI(14)47.0
Close $ · flag day74.97
Off 20-day high−10.1%
Avg volume9.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 26 Feb | 74.97 | 76.14 | +0.0% |
| 27 Feb | 74.64 | 75.52 | -0.4% |
| 02 Mar | 74.31 | 75.06 | -0.9% |
| 03 Mar | 71.39 | 74.16 | -4.8% |
| 04 Mar | 69.90 | 73.04 | -6.8% |
| 05 Mar | 67.81 | 71.61 | -9.6% |
| 06 Mar | 64.77 | 69.64 | -13.6% |
| 09 Mar | 65.00 | 67.77 | -13.3% |
| 10 Mar | 65.33 | 66.56 | -12.9% |
| 11 Mar | 65.79 | 65.74 | -12.2% |
| 12 Mar | 62.73 | 64.72 | -16.3% |
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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