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

SLB — oversold signal, 29 May

short term
RSI(2)6.0
RSI(14)46.3
Close $ · flag day54.55
Off 20-day high−7.3%
Avg volume12.7M

What followed

DateClose $ 5-day avg.vs flag close
29 May54.5556.29+0.0%
01 Jun54.7555.78+0.4%
02 Jun56.5655.50+3.7%
03 Jun56.8555.57+4.2%
04 Jun58.0156.14+6.3%
05 Jun54.8756.21+0.6%
08 Jun56.5556.57+3.7%
09 Jun55.8556.43+2.4%
10 Jun55.5156.16+1.8%
11 Jun56.0055.76+2.7%
12 Jun56.1856.02+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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From the oversold list of 29 May. The freshest lists go out in the daily alert at 21:30 CET.