MGM — oversold signal, 07 Jan
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
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