MRNA — oversold signal, 18 May
RSI(2)6.1
RSI(14)44.4
Close $ · flag day48.11
Off 20-day high−19.1%
Avg volume8.0M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 18 May | 48.11 | 50.17 | +0.0% |
| 19 May | 45.72 | 48.66 | -5.0% |
| 20 May | 48.12 | 48.20 | +0.0% |
| 21 May | 47.26 | 47.65 | -1.8% |
| 22 May | 46.88 | 47.22 | -2.6% |
| 26 May | 47.03 | 47.00 | -2.2% |
| 27 May | 47.61 | 47.38 | -1.0% |
| 28 May | 47.57 | 47.27 | -1.1% |
| 29 May | 47.19 | 47.26 | -1.9% |
| 01 Jun | 46.06 | 47.09 | -4.3% |
| 02 Jun | 45.64 | 46.81 | -5.1% |
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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