updated 2026-07-24 09:49 UTC
SLB — oversold signal, 01 Jul
long term
6.0 RSI(2)
25.3 RSI(14)
45.09 close $ on flag day
−22.4% off 20-day high
17.1M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 01 Jul 45.09 46.48 +0.0% 02 Jul 45.13 46.02 +0.1% 06 Jul 45.72 45.76 +1.4% 07 Jul 46.42 45.77 +2.9% 08 Jul 47.43 45.96 +5.2% 09 Jul 47.24 46.39 +4.8% 10 Jul 47.76 46.91 +5.9% 13 Jul 47.36 47.24 +5.0% 14 Jul 47.54 47.47 +5.4% 15 Jul 47.55 47.49 +5.5% 16 Jul 47.08 47.46 +4.4%
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.
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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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