Closing Note
updated 2026-07-24 14:52 UTC

DVN — oversold signal, 18 Jun

short term
RSI(2)7.5
RSI(14)36.9
Close $ · flag day42.12
Off 20-day high−14.3%
Avg volume15.8M

What followed

DateClose $ 5-day avg.vs flag close
18 Jun42.1243.29+0.0%
22 Jun43.0542.83+2.2%
23 Jun43.3942.81+3.0%
24 Jun42.7442.78+1.5%
25 Jun42.6042.78+1.1%
26 Jun42.2142.80+0.2%
29 Jun41.9942.59-0.3%
30 Jun41.3242.17-1.9%
01 Jul40.2541.67-4.4%
02 Jul40.4741.25-3.9%
06 Jul40.3640.88-4.2%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 18 Jun. The freshest lists go out in the daily alert at 21:30 CET.