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

SLB — oversold signal, 17 Jun

short term
RSI(2)1.8
RSI(14)33.3
Close $ · flag day50.33
Off 20-day high−14.4%
Avg volume14.1M

What followed

DateClose $ 5-day avg.vs flag close
17 Jun50.3353.86+0.0%
18 Jun48.0952.28-4.5%
22 Jun47.9550.63-4.7%
23 Jun47.7949.45-5.0%
24 Jun46.6148.15-7.4%
25 Jun47.4247.57-5.8%
26 Jun47.0047.35-6.6%
29 Jun46.3847.04-7.8%
30 Jun46.4946.78-7.6%
01 Jul45.0946.48-10.4%
02 Jul45.1346.02-10.3%

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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From the oversold list of 17 Jun. The freshest lists go out in the daily alert at 21:30 CET.