MDT — oversold signal, 08 May
RSI(2)9.0
RSI(14)25.6
Close $ · flag day76.15
Off 20-day high−14.1%
Avg volume9.5M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 76.15 | 77.56 | +0.0% |
| 11 May | 74.54 | 76.81 | -2.1% |
| 12 May | 76.82 | 76.61 | +0.9% |
| 13 May | 76.21 | 76.34 | +0.1% |
| 14 May | 76.97 | 76.14 | +1.1% |
| 15 May | 76.15 | 76.14 | +0.0% |
| 18 May | 77.32 | 76.69 | +1.5% |
| 19 May | 78.58 | 77.05 | +3.2% |
| 20 May | 78.15 | 77.43 | +2.6% |
| 21 May | 78.15 | 77.67 | +2.6% |
| 22 May | 78.60 | 78.16 | +3.2% |
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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