MRK — oversold signal, 14 Jul

short term

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%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 14 Jul. The freshest lists go out in the daily alert at 21:30 CET.