EPA:SLB - Euronext Paris - Matif - AN8068571086 - Common Stock - Currency: EUR
Overall SLB gets a technical rating of 0 out of 10. SLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SLB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.99, a Stop Loss order could be placed below this zone.
38.95
2 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SLB.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLB.PA is down. |
ChartMill Relative Strength | 12.98 | NEGATIVE | SLB.PA has a low relative strength, it was outperformed by 87.02% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLB.PA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLB.PA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLB.PA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for SLB.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SLB.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 30.13 | NEUTRAL | The Stochastics value for SLB.PA is a neutral value. |
Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SLB.PA suggests some volalility. |
Average Directional Index/ADX (14) | 28.43 | POSITIVE | The high ADX value value for SLB.PA suggests a strong trend. |
EPA:SLB (8/16/2024, 7:00:00 PM)
40.6
-0.1 (-0.25%)