MGM — oversold signal, 10 Aug
RSI(2)8.2
RSI(14)35.8
Close $ · flag day43.36
Off 20-day high−8.5%
Avg volume2.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 10 Aug | 43.36 | 44.55 | +0.0% |
| 11 Aug | 44.13 | 44.23 | +1.8% |
| 12 Aug | 43.98 | 44.13 | +1.4% |
| 13 Aug | 44.07 | 44.00 | +1.6% |
| 14 Aug | 44.10 | 43.93 | +1.7% |
| 17 Aug | 43.78 | 44.01 | +1.0% |
| 18 Aug | 43.32 | 43.85 | -0.1% |
| 19 Aug | 43.22 | 43.70 | -0.3% |
| 20 Aug | 43.17 | 43.52 | -0.4% |
| 21 Aug | 43.74 | 43.45 | +0.9% |
| 24 Aug | 43.69 | 43.43 | +0.8% |
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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