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

SLB — oversold signal, 12 Mar

short term
7.4RSI(2)
32.0RSI(14)
44.56close $ on flag day
−15.0%off 20-day high
17.8Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
12 Mar44.5646.99+0.0%
13 Mar44.7246.55+0.4%
16 Mar44.9646.10+0.9%
17 Mar46.1345.71+3.5%
18 Mar45.3245.14+1.7%
19 Mar47.8245.79+7.3%
20 Mar46.6346.17+4.6%
23 Mar49.2547.03+10.5%
24 Mar50.5147.91+13.4%
25 Mar51.8949.22+16.4%
26 Mar52.3150.12+17.4%

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 12 Mar. The freshest lists go out in the daily alert at 21:30 CET.