SLB — oversold signal, 17 Jun
RSI(2)1.8
RSI(14)33.3
Close $ · flag day50.33
Off 20-day high−14.4%
Avg volume14.1M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 17 Jun | 50.33 | 53.86 | +0.0% |
| 18 Jun | 48.09 | 52.28 | -4.5% |
| 22 Jun | 47.95 | 50.63 | -4.7% |
| 23 Jun | 47.79 | 49.45 | -5.0% |
| 24 Jun | 46.61 | 48.15 | -7.4% |
| 25 Jun | 47.42 | 47.57 | -5.8% |
| 26 Jun | 47.00 | 47.35 | -6.6% |
| 29 Jun | 46.38 | 47.04 | -7.8% |
| 30 Jun | 46.49 | 46.78 | -7.6% |
| 01 Jul | 45.09 | 46.48 | -10.4% |
| 02 Jul | 45.13 | 46.02 | -10.3% |
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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