Closing Note
updated 2026-07-24 09:49 UTC

DVN — oversold signal, 05 Jun

short term
6.4RSI(2)
38.7RSI(14)
44.28close $ on flag day
−12.1%off 20-day high
13.9Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
05 Jun44.2845.80+0.0%
08 Jun45.0845.55+1.8%
09 Jun44.0745.12-0.5%
10 Jun46.6045.20+5.2%
11 Jun44.6144.93+0.7%
12 Jun45.3145.13+2.3%
15 Jun43.5344.82-1.7%
16 Jun42.8944.59-3.1%
17 Jun42.5843.78-3.8%
18 Jun42.1243.29-4.9%
22 Jun43.0542.83-2.8%

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