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

SLB — oversold signal, 16 Jun

short term
RSI(2)6.7
RSI(14)40.6
Close $ · flag day53.07
Off 20-day high−9.8%
Avg volume13.7M

What followed

DateClose $ 5-day avg.vs flag close
16 Jun53.0754.89+0.0%
17 Jun50.3353.86-5.2%
18 Jun48.0952.28-9.4%
22 Jun47.9550.63-9.6%
23 Jun47.7949.45-9.9%
24 Jun46.6148.15-12.2%
25 Jun47.4247.57-10.6%
26 Jun47.0047.35-11.4%
29 Jun46.3847.04-12.6%
30 Jun46.4946.78-12.4%
01 Jul45.0946.48-15.0%

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 16 Jun. The freshest lists go out in the daily alert at 21:30 CET.