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

SLB — oversold signal, 28 May

short term
RSI(2)9.0
RSI(14)48.9
Close $ · flag day55.12
Off 20-day high−6.3%
Avg volume11.8M

What followed

DateClose $ 5-day avg.vs flag close
28 May55.1256.83+0.0%
29 May54.5556.29-1.0%
01 Jun54.7555.78-0.7%
02 Jun56.5655.50+2.6%
03 Jun56.8555.57+3.1%
04 Jun58.0156.14+5.2%
05 Jun54.8756.21-0.5%
08 Jun56.5556.57+2.6%
09 Jun55.8556.43+1.3%
10 Jun55.5156.16+0.7%
11 Jun56.0055.76+1.6%

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 28 May. The freshest lists go out in the daily alert at 21:30 CET.