MKC — oversold signal, 16 Mar
RSI(2)21.5
RSI(14)27.8
Close $ · flag day57.69
Off 20-day high−19.7%
Avg volume2.9M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 16 Mar | 57.69 | 59.32 | +0.0% |
| 17 Mar | 57.08 | 58.06 | -1.1% |
| 18 Mar | 55.06 | 57.09 | -4.6% |
| 19 Mar | 54.05 | 56.43 | -6.3% |
| 20 Mar | 53.23 | 55.42 | -7.7% |
| 23 Mar | 53.25 | 54.53 | -7.7% |
| 24 Mar | 52.11 | 53.54 | -9.7% |
| 25 Mar | 52.78 | 53.08 | -8.5% |
| 26 Mar | 51.58 | 52.59 | -10.6% |
| 27 Mar | 53.07 | 52.56 | -8.0% |
| 30 Mar | 53.72 | 52.65 | -6.9% |
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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