SLB (SLB.PA) Technical Analysis
EPA:SLB • AN8068571086
Current stock price
SLB.PA Technical Rating and Analysis
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.PA Setup Rating and Analysis
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.
More info and screens
SLB.PA Support and Resistance Analysis
38.95
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.
| 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. |
SLB.PA Chart- and CandleStick Pattern Analysis
SLB.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:SLB (8/16/2024, 7:00:00 PM)
40.6
-0.1 (-0.25%)
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.