SLB — oversold signal, 20 Jul
RSI(2)3.3
RSI(14)35.8
Close $ · flag day46.39
Off 20-day high−4.8%
Avg volume14.2M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Jul | 46.39 | 47.11 | +0.0% |
| 21 Jul | 46.59 | 46.92 | +0.4% |
| 22 Jul | 47.67 | 46.94 | +2.8% |
| 23 Jul | 47.22 | 46.97 | +1.8% |
| 24 Jul | 52.42 | 48.06 | +13.0% |
| 27 Jul | 51.53 | 49.09 | +11.1% |
| 28 Jul | 49.98 | 49.76 | +7.7% |
| 29 Jul | 48.96 | 50.02 | +5.5% |
| 30 Jul | 48.91 | 50.36 | +5.4% |
| 31 Jul | 49.59 | 49.79 | +6.9% |
| 03 Aug | 49.31 | 49.35 | +6.3% |
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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