SLB — oversold signal, 29 May
RSI(2)6.0
RSI(14)46.3
Close $ · flag day54.55
Off 20-day high−7.3%
Avg volume12.7M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 29 May | 54.55 | 56.29 | +0.0% |
| 01 Jun | 54.75 | 55.78 | +0.4% |
| 02 Jun | 56.56 | 55.50 | +3.7% |
| 03 Jun | 56.85 | 55.57 | +4.2% |
| 04 Jun | 58.01 | 56.14 | +6.3% |
| 05 Jun | 54.87 | 56.21 | +0.6% |
| 08 Jun | 56.55 | 56.57 | +3.7% |
| 09 Jun | 55.85 | 56.43 | +2.4% |
| 10 Jun | 55.51 | 56.16 | +1.8% |
| 11 Jun | 56.00 | 55.76 | +2.7% |
| 12 Jun | 56.18 | 56.02 | +3.0% |
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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