OMC — oversold signal, 15 May
RSI(2)4.4
RSI(14)29.9
Close $ · flag day70.83
Off 20-day high−11.1%
Avg volume4.6M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 15 May | 70.83 | 73.57 | +0.0% |
| 18 May | 73.14 | 73.17 | +3.3% |
| 19 May | 71.83 | 72.32 | +1.4% |
| 20 May | 71.88 | 71.85 | +1.5% |
| 21 May | 73.77 | 72.29 | +4.2% |
| 22 May | 74.93 | 73.11 | +5.8% |
| 26 May | 74.41 | 73.36 | +5.1% |
| 27 May | 74.85 | 73.97 | +5.7% |
| 28 May | 74.09 | 74.41 | +4.6% |
| 29 May | 72.71 | 74.20 | +2.7% |
| 01 Jun | 75.97 | 74.41 | +7.3% |
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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