MGM — oversold signal, 31 Aug
RSI(2)1.7
RSI(14)27.7
Close $ · flag day41.36
Off 20-day high−10.4%
Avg volume2.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 31 Aug | 41.36 | 42.68 | +0.0% |
| 01 Sep | 40.77 | 42.17 | -1.4% |
| 02 Sep | 41.44 | 41.76 | +0.2% |
| 03 Sep | 41.13 | 41.40 | -0.6% |
| 04 Sep | 41.22 | 41.18 | -0.3% |
| 08 Sep | 40.74 | 41.06 | -1.5% |
| 09 Sep | 40.66 | 41.04 | -1.7% |
| 10 Sep | 40.73 | 40.90 | -1.5% |
| 11 Sep | 39.89 | 40.65 | -3.6% |
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
Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.