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

SLB — oversold signal, 22 Jun

short termlong term
RSI(2)0.8
RSI(14)28.4
Close $ · flag day47.95
Off 20-day high−18.5%
Avg volume15.9M

What followed

DateClose $ 5-day avg.vs flag close
22 Jun47.9550.63+0.0%
23 Jun47.7949.45-0.3%
24 Jun46.6148.15-2.8%
25 Jun47.4247.57-1.1%
26 Jun47.0047.35-2.0%
29 Jun46.3847.04-3.3%
30 Jun46.4946.78-3.0%
01 Jul45.0946.48-6.0%
02 Jul45.1346.02-5.9%
06 Jul45.7245.76-4.7%
07 Jul46.4245.77-3.2%

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