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

SLB — oversold signal, 02 Apr

short term
RSI(2)7.8
RSI(14)50.4
Close $ · flag day49.44
Off 20-day high−9.8%
Avg volume21.7M

What followed

DateClose $ 5-day avg.vs flag close
02 Apr49.4451.18+0.0%
06 Apr49.7850.43+0.7%
07 Apr50.3550.20+1.8%
08 Apr51.8850.30+4.9%
09 Apr52.5450.80+6.3%
10 Apr51.9251.29+5.0%
13 Apr51.9251.72+5.0%
14 Apr51.4951.95+4.1%
15 Apr52.4252.06+6.0%
16 Apr51.7351.90+4.6%
17 Apr52.6652.04+6.5%

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 02 Apr. The freshest lists go out in the daily alert at 21:30 CET.