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

SLB — oversold signal, 23 Jun

short termlong term
0.7RSI(2)
28.1RSI(14)
47.79close $ on flag day
−18.8%off 20-day high
16.9Mavg daily volume

What followed

DateClose $ 5-day avg.vs flag close
23 Jun47.7949.45+0.0%
24 Jun46.6148.15-2.5%
25 Jun47.4247.57-0.8%
26 Jun47.0047.35-1.7%
29 Jun46.3847.04-3.0%
30 Jun46.4946.78-2.7%
01 Jul45.0946.48-5.6%
02 Jul45.1346.02-5.6%
06 Jul45.7245.76-4.3%
07 Jul46.4245.77-2.9%
08 Jul47.4345.96-0.8%

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