updated 2026-07-24 09:49 UTC
SLB — oversold signal, 16 Jun
short term
6.7 RSI(2)
40.6 RSI(14)
53.07 close $ on flag day
−9.8% off 20-day high
13.7M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 16 Jun 53.07 54.89 +0.0% 17 Jun 50.33 53.86 -5.2% 18 Jun 48.09 52.28 -9.4% 22 Jun 47.95 50.63 -9.6% 23 Jun 47.79 49.45 -9.9% 24 Jun 46.61 48.15 -12.2% 25 Jun 47.42 47.57 -10.6% 26 Jun 47.00 47.35 -11.4% 29 Jun 46.38 47.04 -12.6% 30 Jun 46.49 46.78 -12.4% 01 Jul 45.09 46.48 -15.0%
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.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
(the live record starts at launch); past results do not guarantee future
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