MRK — oversold signal, 14 Jul
RSI(2)8.0
RSI(14)46.8
Close $ · flag day120.78
Off 20-day high−7.3%
Avg volume11.4M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 14 Jul | 120.78 | 123.88 | +0.0% |
| 15 Jul | 123.61 | 123.41 | +2.3% |
| 16 Jul | 127.63 | 123.92 | +5.7% |
| 17 Jul | 127.50 | 124.71 | +5.6% |
| 20 Jul | 124.40 | 124.78 | +3.0% |
| 21 Jul | 126.26 | 125.88 | +4.5% |
| 22 Jul | 127.47 | 126.65 | +5.5% |
| 23 Jul | 130.48 | 127.22 | +8.0% |
| 24 Jul | 131.07 | 127.94 | +8.5% |
| 27 Jul | 130.76 | 129.21 | +8.3% |
| 28 Jul | 131.82 | 130.32 | +9.1% |
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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