LUV — oversold signal, 08 Jul

short term

8.7RSI(2)

55.8RSI(14)

48.66close $ on flag day

−8.4%off 20-day high

7.1Mavg daily volume

What followed

Date	Close $	5-day avg.	vs flag close
08 Jul	48.66	49.92	+0.0%
09 Jul	49.22	49.67	+1.2%
10 Jul	48.43	49.31	-0.5%
13 Jul	47.92	48.73	-1.5%
14 Jul	47.56	48.36	-2.3%
15 Jul	49.25	48.48	+1.2%
16 Jul	49.43	48.52	+1.6%
17 Jul	48.08	48.45	-1.2%

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