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

SLB — oversold signal, 29 Jun

long term
RSI(2)16.1
RSI(14)27.8
Close $ · flag day46.38
Off 20-day high−20.2%
Avg volume16.9M

What followed

DateClose $ 5-day avg.vs flag close
29 Jun46.3847.04+0.0%
30 Jun46.4946.78+0.2%
01 Jul45.0946.48-2.8%
02 Jul45.1346.02-2.7%
06 Jul45.7245.76-1.4%
07 Jul46.4245.77+0.1%
08 Jul47.4345.96+2.3%
09 Jul47.2446.39+1.9%
10 Jul47.7646.91+3.0%
13 Jul47.3647.24+2.1%
14 Jul47.5447.47+2.5%

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