MGM — oversold signal, 07 Jul
RSI(2)7.4
RSI(14)52.4
Close $ · flag day46.64
Off 20-day high−7.7%
Avg volume3.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 07 Jul | 46.64 | 47.19 | +0.0% |
| 08 Jul | 46.60 | 46.95 | -0.1% |
| 09 Jul | 46.44 | 46.73 | -0.4% |
| 10 Jul | 46.88 | 46.69 | +0.5% |
| 13 Jul | 47.24 | 46.76 | +1.3% |
| 14 Jul | 46.67 | 46.77 | +0.1% |
| 15 Jul | 46.84 | 46.81 | +0.4% |
| 16 Jul | 46.90 | 46.91 | +0.6% |
| 17 Jul | 46.13 | 46.76 | -1.1% |
| 20 Jul | 46.34 | 46.58 | -0.6% |
| 21 Jul | 45.67 | 46.38 | -2.1% |
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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