MMM — oversold signal, 20 Aug
RSI(2)6.3
RSI(14)54.4
Close $ · flag day178.09
Off 20-day high−3.7%
Avg volume3.2M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Aug | 178.09 | 180.51 | +0.0% |
| 21 Aug | 178.96 | 179.77 | +0.5% |
| 24 Aug | 179.01 | 179.53 | +0.5% |
| 25 Aug | 179.37 | 179.22 | +0.7% |
| 26 Aug | 180.00 | 179.09 | +1.1% |
| 27 Aug | 178.83 | 179.23 | +0.4% |
| 28 Aug | 174.34 | 178.31 | -2.1% |
| 31 Aug | 171.83 | 176.87 | -3.5% |
| 01 Sep | 170.24 | 175.05 | -4.4% |
| 02 Sep | 168.75 | 172.80 | -5.2% |
| 03 Sep | 168.31 | 170.69 | -5.5% |
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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