|
|
Archive
- 3/21/2025 -
Sign In to see current Signals. |
Schlumberger Ltd. (SLB) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Schlumberger Ltd. (SLB). During the week, the SLB gave back -0.11 points, or -0.27%, and closed at 40.99 on Friday, March 21, 2025. Weekly volume was 131% above average.
SLB is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See SLB long-term trend chart]
A long-term uptrend had started on March 19, 2020 at 11.87 and reached 62.78 on January 24, 2023. SLB gained -50.91 points, or -428.90%, in 148 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (60.10) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See SLB medium-term trend chart]
A medium-term downtrend had started on March 28, 2024 at 55.69 and reached 36.52 on December 19, 2024. SLB lost 19.17 points, or 34.42%, in 38 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See SLB weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since January 17, 2025. Use the following link to access a MACD help.
 Short-term trend: [See SLB short-term trend chart]
A short-term downtrend had started on January 21, 2025 at 44.66 and reached 38.17 on March 4, 2025. SLB lost 6.49 points, or 14.53%, in 42 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See SLB daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|