MCHP — oversold signal, 30 Mar
RSI(2)3.7
RSI(14)29.6
Close $ · flag day60.06
Off 20-day high−17.4%
Avg volume9.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 30 Mar | 60.06 | 63.41 | +0.0% |
| 31 Mar | 64.61 | 63.21 | +7.6% |
| 01 Apr | 65.38 | 63.25 | +8.9% |
| 02 Apr | 65.60 | 63.53 | +9.2% |
| 06 Apr | 67.22 | 64.57 | +11.9% |
| 07 Apr | 67.51 | 66.06 | +12.4% |
| 08 Apr | 70.73 | 67.29 | +17.8% |
| 09 Apr | 71.22 | 68.46 | +18.6% |
| 10 Apr | 71.56 | 69.65 | +19.1% |
| 13 Apr | 73.55 | 70.91 | +22.5% |
| 14 Apr | 74.50 | 72.31 | +24.0% |
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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