PNW — oversold signal, 08 May

short term

RSI(2)3.3

RSI(14)40.0

Close $ · flag day99.25

Off 20-day high−5.3%

Avg volume1.2M

What followed

Date	Close $	5-day avg.	vs flag close
08 May	99.25	100.41	+0.0%
11 May	99.71	99.99	+0.5%
12 May	99.83	99.70	+0.6%
13 May	99.08	99.48	-0.2%
14 May	99.77	99.53	+0.5%
15 May	98.40	99.36	-0.9%
18 May	99.76	99.37	+0.5%
19 May	101.50	99.70	+2.3%
20 May	101.93	100.27	+2.7%
21 May	101.84	100.69	+2.6%
22 May	102.94	101.59	+3.7%

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 08 May. The freshest lists go out in the daily alert at 21:30 CET.