MGM — oversold signal, 07 Jan

short term

RSI(2)0.3

RSI(14)36.4

Close $ · flag day34.12

Off 20-day high−10.7%

Avg volume4.0M

What followed

Date	Close $	5-day avg.	vs flag close
07 Jan	34.12	35.76	+0.0%
08 Jan	35.15	35.49	+3.0%
09 Jan	34.45	35.08	+1.0%
12 Jan	34.82	34.86	+2.1%
13 Jan	34.65	34.64	+1.6%
14 Jan	34.41	34.70	+0.8%
15 Jan	35.41	34.75	+3.8%
16 Jan	34.98	34.85	+2.5%
20 Jan	33.60	34.61	-1.5%
21 Jan	33.90	34.46	-0.6%
22 Jan	34.42	34.46	+0.9%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 07 Jan. The freshest lists go out in the daily alert at 21:30 CET.