Does RSI(2) below 5 dip buy actually work on UBER? We tested it
We ran RSI(2) below 5 dip buy on UBER through walk-forward testing and a 100-run random-entry gauntlet. 3 of 4 unseen periods positive. Beat 80 of 100 random-entry runs.
You gave up raw return for a higher win rate and a shallower drawdown. This setup is about timing and staying out of trouble, not beating the index.
Equity curve over May 2019 to Jul 2026. Hover any point for its value. Turn on buy and hold to compare.
The same rules, tested on 28 tickers. Edge held on 10. We ship it on those.
Show every ticker we tested
This strategy made money overall, turning a 33.93% total return across 19 trades, but the ride was lumpy. The worst stretch was a 16.85% drawdown from February to May 2021, which is where the strategy hurt the most. With a 73.68% win rate and an average trade gain of 1.60%, the result does not look driven by just a few big winners. The entry-timing edge is strong, beating 80% of random entries, which means the entry signal itself is carrying the result rather than the exits. The consistency figure shows the edge held up in 3 out of 4 test periods, so the profit came from steady performance across different market stretches, not just one lucky run.
Every verdict on this page comes from the same process. How we test.
Bigger picture: Does buying the dip actually work?
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