SLB (SLB.PA) Technical Analysis

EPA:SLB • AN8068571086

Current stock price

40.6 EUR
-0.1 (-0.25%)
Last:

SLB.PA Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SLB. SLB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • When comparing the yearly performance of all stocks, SLB is a bad performer in the overall market: 88% of all stocks are doing better.
  • SLB is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, of which 80% are performing better than SLB.
  • SLB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLB is lagging the market.
  • Warning: SLB has an average volume of 7318 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • In the last month SLB has a been trading in the 38.05 - 46.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

SLB.PA Weekly and Daily overview Charts

SLB / SLB Weekly stock chart
SLB / SLB Daily stock chart

SLB.PA Setup Rating and Analysis

6

SLB has a bad technical rating, but it does show a decent setup pattern. 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.

SLB.PA Support and Resistance Analysis

38.95

46.86

We found 2 important support areas.

  • A support zone ranging from 39.99 to 39.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @39.34 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 42.07 to 42.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @44.16 from a horizontal line in the daily time frame.
  • Resistance @45.04 from a trend line in the daily time frame.
  • A resistance zone ranging from 46.21 to 46.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

SLB.PA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SLB.PA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SLB.PA is down.
ChartMill Relative Strength12.98NEGATIVESLB.PA has a low relative strength, it was outperformed by 87.02% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SLB.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SLB.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SLB.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)42.39NEUTRALThe RSI value for SLB.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.16NEGATIVEThe MACD value suggests SLB.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)30.13NEUTRALThe Stochastics value for SLB.PA is a neutral value.
Average True Range in percent/ATR (20)3.52MEDIUM VOLATILITYThe ATR as a percentage value for SLB.PA suggests some volalility.
Average Directional Index/ADX (14)28.43POSITIVEThe high ADX value value for SLB.PA suggests a strong trend.

SLB.PA Chart- and CandleStick Pattern Analysis

Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

SLB.PA Technicals: Chart, Performance Metrics, Trend & Indicators

SLB / SLB Daily stock chart

SLB

EPA:SLB (8/16/2024, 7:00:00 PM)

40.6

-0.1 (-0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.25%
1 Week1.5%
2 Weeks-1.22%
1 Month-12.12%
3 Month-8.66%
6 Month-10.06%
12 Month-23.71%
2 Year6.01%
3 Year69.87%
5 Year36.7%
10 Year-51.29%
15 Year4.75%
Volatility
ATR(14)1.5
ATR(20)%3.52%
ATR Inc-2.92%
Range Today1.4
ADR(20)1.33
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.98
3 months CRSN/A
6 months CRSN/A
Mansfield-2.52
10 Day High41.3
10 Day Low38.05
20 Day High46.45
20 Day Low38.05
52 Week High58.1
52 Week Low38.05
CS1 End39.99
CR1 Start42.07
Volume & EV
DER(3)-1.15%
DER(5)-1.01%
Volume2.55K
Volume Incr-22.81%
Vol(5)7.73K
Vol(50)7.32K

SLB / SLB.PA TA FAQ

What is the ChartMill technical rating of SLB (SLB.PA) stock?

ChartMill assigns a technical rating of 0 / 10 to SLB.PA.


What is the trend direction for SLB stock?

The current trend direction for SLB (SLB.PA) is Bearish.


What is the RSI signal for SLB stock?

SLB (SLB.PA) has an RSI value of 42.3893. This indicates that the stock is currently neutral.


What is the MACD signal for SLB (SLB.PA) stock?

The MACD indicator for SLB (SLB.PA) has a value of -0.156512, indicating a bearish trend.


What is the buy/sell signal for SLB stock?

The buy/sell signal for SLB (SLB.PA) is sell as both the short term and long term trends are negative.