PNW — oversold signal, 06 May
RSI(2)7.1
RSI(14)43.0
Close $ · flag day100.17
Off 20-day high−4.5%
Avg volume1.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 06 May | 100.17 | 102.11 | +0.0% |
| 07 May | 99.53 | 101.27 | -0.6% |
| 08 May | 99.25 | 100.41 | -0.9% |
| 11 May | 99.71 | 99.99 | -0.5% |
| 12 May | 99.83 | 99.70 | -0.3% |
| 13 May | 99.08 | 99.48 | -1.1% |
| 14 May | 99.77 | 99.53 | -0.4% |
| 15 May | 98.40 | 99.36 | -1.8% |
| 18 May | 99.76 | 99.37 | -0.4% |
| 19 May | 101.50 | 99.70 | +1.3% |
| 20 May | 101.93 | 100.27 | +1.8% |
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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