MO — oversold signal, 08 May
RSI(2)5.8
RSI(14)49.7
Close $ · flag day68.12
Off 20-day high−8.6%
Avg volume9.5M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 08 May | 68.12 | 70.71 | +0.0% |
| 11 May | 68.61 | 69.75 | +0.7% |
| 12 May | 69.89 | 69.17 | +2.6% |
| 13 May | 71.54 | 69.44 | +5.0% |
| 14 May | 72.41 | 70.11 | +6.3% |
| 15 May | 73.09 | 71.11 | +7.3% |
| 18 May | 73.72 | 72.13 | +8.2% |
| 19 May | 74.00 | 72.95 | +8.6% |
| 20 May | 73.33 | 73.31 | +7.6% |
| 21 May | 73.71 | 73.57 | +8.2% |
| 22 May | 73.90 | 73.73 | +8.5% |
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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