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Finaxion Research · 2-day RSI (the Connors rule) · single stocks · Recomputed 2026-09-10

Does 2-day RSI (the Connors rule) work on CHTR?

2-day RSI (the Connors rule) does not beat buy-and-hold on CHTR: -9.3 points a year over 17 years.

Total return
-1.2%
Buy and hold
335.5%
CAGR
-0.1%
Sharpe
-0.14
Max drawdown
-65.2%
Trades
384
Out of sample
—
Years
17
1×10×20112013201520172019202120232025
StrategyCHTR

Findings

  1. 2-day RSI (the Connors rule) does not beat buy-and-hold on CHTR: -9.3 points a year over 17 years.
  2. Against the S&P 500 over the same window: -14.2 points a year.
  3. Total return -1.2% versus +335.5% for buy-and-hold, with 384 trades.
  4. Maximum drawdown -65.2%.
  5. It beats in neither half of the history (split at 2018).
  6. It ranks #213 of 235 markets for this strategy by annual excess over the S&P 500.

Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact c0e771fe25fb.

Exactly what was tested

RSI(2) crosses below 10 → entry. RSI(2) crosses above 65 → exit. Next-close execution. No trend filter (we test the rule as it circulates).

How to read it

The verdict compares the strategy with buying and holding CHTR over the same window, with round-trip costs per asset class. “Out of sample” is walk-forward: the rule is fit on one stretch and judged on the next. A result that beats in the full sample but not out of it is overfit. Full methodology in the protocol. How we test.

Open this backtest with its trades   Trades (CSV)

Every strategy on CHTR → · Full page for 2-day RSI (the Connors rule) →

How to cite

Finaxion Research (2026). Does 2-day RSI (the Connors rule) work on CHTR?. Daily backtest 1962-01-01–2026-08-31, artifact c0e771fe25fb. https://finaxion.app/en/research/rsi-2-connors/chtr

Not a recommendation. Past performance does not guarantee future results.