MMM — oversold signal, 17 Aug
RSI(2)6.6
RSI(14)60.5
Close $ · flag day180.21
Off 20-day high−2.5%
Avg volume3.7M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 17 Aug | 180.21 | 182.48 | +0.0% |
| 18 Aug | 180.94 | 182.05 | +0.4% |
| 19 Aug | 180.66 | 181.42 | +0.2% |
| 20 Aug | 178.09 | 180.51 | -1.2% |
| 21 Aug | 178.96 | 179.77 | -0.7% |
| 24 Aug | 179.01 | 179.53 | -0.7% |
| 25 Aug | 179.37 | 179.22 | -0.5% |
| 26 Aug | 180.00 | 179.09 | -0.1% |
| 27 Aug | 178.83 | 179.23 | -0.8% |
| 28 Aug | 174.34 | 178.31 | -3.3% |
| 31 Aug | 171.83 | 176.87 | -4.7% |
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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