MCHP — oversold signal, 13 May
RSI(2)9.4
RSI(14)66.8
Close $ · flag day96.71
Off 20-day high−8.7%
Avg volume12.1M
This flag became a program pick — the audited trade is in the track record.
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 13 May | 96.71 | 98.82 | +0.0% |
| 14 May | 97.04 | 97.91 | +0.3% |
| 15 May | 93.85 | 96.87 | -3.0% |
| 18 May | 92.76 | 95.61 | -4.1% |
| 19 May | 91.81 | 94.43 | -5.1% |
| 20 May | 94.02 | 93.90 | -2.8% |
| 21 May | 91.11 | 92.71 | -5.8% |
| 22 May | 93.43 | 92.63 | -3.4% |
| 26 May | 98.05 | 93.68 | +1.4% |
| 27 May | 96.85 | 94.69 | +0.1% |
| 28 May | 96.04 | 95.10 | -0.7% |
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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