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

SLB — oversold signal, 18 Jun

short termlong term
RSI(2)0.8
RSI(14)28.7
Close $ · flag day48.09
Off 20-day high−18.2%
Avg volume15.7M

What followed

DateClose $ 5-day avg.vs flag close
18 Jun48.0952.28+0.0%
22 Jun47.9550.63-0.3%
23 Jun47.7949.45-0.6%
24 Jun46.6148.15-3.1%
25 Jun47.4247.57-1.4%
26 Jun47.0047.35-2.3%
29 Jun46.3847.04-3.6%
30 Jun46.4946.78-3.3%
01 Jul45.0946.48-6.2%
02 Jul45.1346.02-6.2%
06 Jul45.7245.76-4.9%

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