MGM — oversold signal, 03 Aug
RSI(2)4.4
RSI(14)38.7
Close $ · flag day44.50
Off 20-day high−7.8%
Avg volume2.4M
This flag became a program pick — the audited trade is in the track record.
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 03 Aug | 44.50 | 45.35 | +0.0% |
| 04 Aug | 45.72 | 45.26 | +2.7% |
| 05 Aug | 44.51 | 44.99 | +0.0% |
| 06 Aug | 44.70 | 44.80 | +0.4% |
| 07 Aug | 44.47 | 44.78 | -0.1% |
| 10 Aug | 43.36 | 44.55 | -2.6% |
| 11 Aug | 44.13 | 44.23 | -0.8% |
| 12 Aug | 43.98 | 44.13 | -1.2% |
| 13 Aug | 44.07 | 44.00 | -1.0% |
| 14 Aug | 44.10 | 43.93 | -0.9% |
| 17 Aug | 43.78 | 44.01 | -1.6% |
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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