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

SLB — oversold signal, 24 Jun

short termlong term
RSI(2)0.2
RSI(14)25.8
Close $ · flag day46.61
Off 20-day high−19.8%
Avg volume17.6M

What followed

DateClose $ 5-day avg.vs flag close
24 Jun46.6148.15+0.0%
25 Jun47.4247.57+1.7%
26 Jun47.0047.35+0.8%
29 Jun46.3847.04-0.5%
30 Jun46.4946.78-0.3%
01 Jul45.0946.48-3.3%
02 Jul45.1346.02-3.2%
06 Jul45.7245.76-1.9%
07 Jul46.4245.77-0.4%
08 Jul47.4345.96+1.8%
09 Jul47.2446.39+1.4%

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