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

SLB — oversold signal, 03 Mar

short term
RSI(2)1.0
RSI(14)44.6
Close $ · flag day48.58
Off 20-day high−7.4%
Avg volume18.1M

What followed

DateClose $ 5-day avg.vs flag close
03 Mar48.5850.87+0.0%
04 Mar47.8950.11-1.4%
05 Mar47.4049.30-2.4%
06 Mar46.9048.41-3.5%
09 Mar47.1947.59-2.9%
10 Mar48.1147.50-1.0%
11 Mar48.1747.55-0.8%
12 Mar44.5646.99-8.3%
13 Mar44.7246.55-7.9%
16 Mar44.9646.10-7.5%
17 Mar46.1345.71-5.0%

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