SLB — oversold signal, 12 Mar
RSI(2)7.4
RSI(14)32.0
Close $ · flag day44.56
Off 20-day high−15.0%
Avg volume17.8M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 12 Mar | 44.56 | 46.99 | +0.0% |
| 13 Mar | 44.72 | 46.55 | +0.4% |
| 16 Mar | 44.96 | 46.10 | +0.9% |
| 17 Mar | 46.13 | 45.71 | +3.5% |
| 18 Mar | 45.32 | 45.14 | +1.7% |
| 19 Mar | 47.82 | 45.79 | +7.3% |
| 20 Mar | 46.63 | 46.17 | +4.6% |
| 23 Mar | 49.25 | 47.03 | +10.5% |
| 24 Mar | 50.51 | 47.91 | +13.4% |
| 25 Mar | 51.89 | 49.22 | +16.4% |
| 26 Mar | 52.31 | 50.12 | +17.4% |
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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