updated 2026-07-24 09:49 UTC
SLB — oversold signal, 22 Jun
short term long term
0.8 RSI(2)
28.4 RSI(14)
47.95 close $ on flag day
−18.5% off 20-day high
15.9M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 22 Jun 47.95 50.63 +0.0% 23 Jun 47.79 49.45 -0.3% 24 Jun 46.61 48.15 -2.8% 25 Jun 47.42 47.57 -1.1% 26 Jun 47.00 47.35 -2.0% 29 Jun 46.38 47.04 -3.3% 30 Jun 46.49 46.78 -3.0% 01 Jul 45.09 46.48 -6.0% 02 Jul 45.13 46.02 -5.9% 06 Jul 45.72 45.76 -4.7% 07 Jul 46.42 45.77 -3.2%
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
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