SLB LTD (SLB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SLB - AN8068571086 - Common Stock
Taking everything into account, SLB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SLB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- SLB is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 76% of 61 stocks in the same industry.
- SLB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SLB has a been trading in the 37.69 - 51.67 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- SLB has an average volume of 17053600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SLB did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SLB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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32.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.45 to 40.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @37.31 from a horizontal line in the daily time frame.
- Support @32.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.65 to 50.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLB is up. |
| ChartMill Relative Strength | 88.27 | POSITIVE | SLB has a high relative strength, it outperformed 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.55 | OVERBOUGHT | The high RSI value suggests SLB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.64 | OVERBOUGHT | The high Stochastics value suggests SLB may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SLB suggests some volalility. |
| Average Directional Index/ADX (14) | 48.59 | POSITIVE | The high ADX value value for SLB suggests a strong trend. |
NYSE:SLB (1/28/2026, 10:52:09 AM)
49.705
-0.95 (-1.89%)
SLB LTD / SLB FAQ
What is the ChartMill technical rating of SLB LTD (SLB) stock?
ChartMill assigns a technical rating of 9 / 10 to SLB.
What is the trend direction for SLB stock?
The current trend direction for SLB LTD (SLB) is Bullish.
What is the RSI signal for SLB stock?
SLB LTD (SLB) has an RSI value of 81.5517. This indicates that the stock is currently overbought.
What is the MACD signal for SLB LTD (SLB) stock?
The MACD indicator for SLB LTD (SLB) has a value of 0.387794, indicating a bearish trend.
What is the buy/sell signal for SLB stock?
The buy/sell signal for SLB LTD (SLB) is buy as both the short term and long term trends are positive.