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

SLB — oversold signal, 06 Mar

short term
RSI(2)0.3
RSI(14)37.7
Close $ · flag day46.90
Off 20-day high−10.6%
Avg volume17.0M

What followed

DateClose $ 5-day avg.vs flag close
06 Mar46.9048.41+0.0%
09 Mar47.1947.59+0.6%
10 Mar48.1147.50+2.6%
11 Mar48.1747.55+2.7%
12 Mar44.5646.99-5.0%
13 Mar44.7246.55-4.6%
16 Mar44.9646.10-4.1%
17 Mar46.1345.71-1.6%
18 Mar45.3245.14-3.4%
19 Mar47.8245.79+2.0%
20 Mar46.6346.17-0.6%

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