MGM — oversold signal, 06 Jan

short term

RSI(2)2.0

RSI(14)47.3

Close $ · flag day35.74

Off 20-day high−6.4%

Avg volume3.8M

What followed

Date	Close $	5-day avg.	vs flag close
06 Jan	35.74	36.28	+0.0%
07 Jan	34.12	35.76	-4.5%
08 Jan	35.15	35.49	-1.7%
09 Jan	34.45	35.08	-3.6%
12 Jan	34.82	34.86	-2.6%
13 Jan	34.65	34.64	-3.0%
14 Jan	34.41	34.70	-3.7%
15 Jan	35.41	34.75	-0.9%
16 Jan	34.98	34.85	-2.1%
20 Jan	33.60	34.61	-6.0%
21 Jan	33.90	34.46	-5.1%

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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From the oversold list of 06 Jan. The freshest lists go out in the daily alert at 21:30 CET.