MKC — oversold signal, 13 May
RSI(2)3.4
RSI(14)26.9
Close $ · flag day45.60
Off 20-day high−16.3%
Avg volume3.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 13 May | 45.60 | 47.14 | +0.0% |
| 14 May | 46.51 | 46.87 | +2.0% |
| 15 May | 46.35 | 46.47 | +1.6% |
| 18 May | 46.70 | 46.40 | +2.4% |
| 19 May | 47.25 | 46.48 | +3.6% |
| 20 May | 46.70 | 46.70 | +2.4% |
| 21 May | 46.96 | 46.79 | +3.0% |
| 22 May | 47.80 | 47.08 | +4.8% |
| 26 May | 46.82 | 47.11 | +2.7% |
| 27 May | 47.55 | 47.17 | +4.3% |
| 28 May | 46.83 | 47.19 | +2.7% |
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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