PNW — oversold signal, 06 May

short term

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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From the oversold list of 06 May. The freshest lists go out in the daily alert at 21:30 CET.