NEM — oversold signal, 19 Mar
RSI(2)3.0
RSI(14)29.2
Close $ · flag day99.20
Off 20-day high−24.8%
Avg volume10.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 19 Mar | 99.20 | 107.31 | +0.0% |
| 20 Mar | 95.80 | 104.55 | -3.4% |
| 23 Mar | 98.14 | 102.14 | -1.1% |
| 24 Mar | 99.02 | 99.74 | -0.2% |
| 25 Mar | 101.52 | 98.74 | +2.3% |
| 26 Mar | 99.36 | 98.77 | +0.2% |
| 27 Mar | 102.10 | 100.03 | +2.9% |
| 30 Mar | 103.12 | 101.02 | +4.0% |
| 31 Mar | 108.25 | 102.87 | +9.1% |
| 01 Apr | 113.79 | 105.32 | +14.7% |
| 02 Apr | 114.05 | 108.26 | +15.0% |
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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