MGM — oversold signal, 22 Jul
RSI(2)9.6
RSI(14)43.7
Close $ · flag day45.49
Off 20-day high−10.0%
Avg volume2.8M
This flag became a program pick — the audited trade is in the track record.
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 22 Jul | 45.49 | 46.11 | +0.0% |
| 23 Jul | 44.99 | 45.72 | -1.1% |
| 24 Jul | 45.54 | 45.61 | +0.1% |
| 27 Jul | 46.30 | 45.60 | +1.8% |
| 28 Jul | 46.20 | 45.70 | +1.6% |
| 29 Jul | 45.83 | 45.77 | +0.7% |
| 30 Jul | 45.66 | 45.91 | +0.4% |
| 31 Jul | 44.57 | 45.71 | -2.0% |
| 03 Aug | 44.50 | 45.35 | -2.2% |
| 04 Aug | 45.72 | 45.26 | +0.5% |
| 05 Aug | 44.51 | 44.99 | -2.2% |
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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