MCHP — oversold signal, 28 Jul
RSI(2)4.9
RSI(14)35.4
Close $ · flag day75.71
Off 20-day high−17.7%
Avg volume10.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 28 Jul | 75.71 | 79.77 | +0.0% |
| 29 Jul | 71.37 | 77.04 | -5.7% |
| 30 Jul | 75.01 | 75.77 | -0.9% |
| 31 Jul | 74.29 | 74.86 | -1.9% |
| 03 Aug | 75.22 | 74.32 | -0.6% |
| 04 Aug | 80.67 | 75.31 | +6.6% |
| 05 Aug | 77.79 | 76.60 | +2.7% |
| 06 Aug | 74.36 | 76.47 | -1.8% |
| 07 Aug | 84.69 | 78.55 | +11.9% |
| 10 Aug | 81.39 | 79.78 | +7.5% |
| 11 Aug | 81.02 | 79.85 | +7.0% |
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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