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

SLB — oversold signal, 05 Mar

short term
RSI(2)0.5
RSI(14)39.7
Close $ · flag day47.40
Off 20-day high−9.6%
Avg volume17.5M

What followed

DateClose $ 5-day avg.vs flag close
05 Mar47.4049.30+0.0%
06 Mar46.9048.41-1.1%
09 Mar47.1947.59-0.4%
10 Mar48.1147.50+1.5%
11 Mar48.1747.55+1.6%
12 Mar44.5646.99-6.0%
13 Mar44.7246.55-5.7%
16 Mar44.9646.10-5.1%
17 Mar46.1345.71-2.7%
18 Mar45.3245.14-4.4%
19 Mar47.8245.79+0.9%

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