MCHP — oversold signal, 13 Mar
RSI(2)6.5
RSI(14)24.1
Close $ · flag day61.94
Off 20-day high−23.5%
Avg volume8.3M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 13 Mar | 61.94 | 64.16 | +0.0% |
| 16 Mar | 63.83 | 63.92 | +3.1% |
| 17 Mar | 64.59 | 63.78 | +4.3% |
| 18 Mar | 64.71 | 63.56 | +4.5% |
| 19 Mar | 63.29 | 63.67 | +2.2% |
| 20 Mar | 62.97 | 63.88 | +1.7% |
| 23 Mar | 64.34 | 63.98 | +3.9% |
| 24 Mar | 65.63 | 64.19 | +6.0% |
| 25 Mar | 65.16 | 64.28 | +5.2% |
| 26 Mar | 64.20 | 64.46 | +3.6% |
| 27 Mar | 62.00 | 64.27 | +0.1% |
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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