SCHLUMBERGER LTD (SLB) Stock Technical Analysis
USA - NYSE:SLB - AN8068571086 - Common Stock
34.77 USD
-0.8 (-2.25%)
34.91 USD
+0.14 (+0.4%)
Taking everything into account, SLB scores 3 out of 10 in our technical rating. In the last year, SLB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, SLB is a bad performer in the overall market: 85% of all stocks are doing better.
SLB is one of the lesser performing stocks in the Energy Equipment & Services industry. 60% of 61 stocks in the same industry do better.
SLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SLB has an average volume of 15753100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month SLB has a been trading in the 32.77 - 37.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 33.25, a Stop Loss order could be placed below this zone.
More info and screens
31.62
38.68
We found 2 important support areas.
- A support zone ranging from 32.86 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.94 to 31.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 35.12 to 36.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.31 to 37.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.30 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLB is neutral. |
| ChartMill Relative Strength | 15.85 | NEGATIVE | SLB has a low relative strength, it was outperformed by 84.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SLB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.93 | NEUTRAL | The RSI value for SLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SLB has a negative trend. |
| Stochastics (14,3) | 39 | NEUTRAL | The Stochastics value for SLB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for SLB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for SLB suggests a weak or negative trend. |
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)
34.77
-0.8 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.25%
1 Week-2.82%
2 Weeks-5.62%
1 Month5.4%
3 Month-2.99%
6 Month-15.17%
12 Month-18.01%
2 Year-40.36%
3 Year-3.15%
5 Year123.46%
10 Year-49.59%
15 Year-43.56%
Volatility
ATR(14)0.99
ATR(20)%2.77%
ATR Inc36.11%
Range Today1.55
ADR(20)0.94
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.85
Mansfield-1.84
10 Day High36.76
10 Day Low34.55
20 Day High37.05
20 Day Low32.77
52 Week High46.16
52 Week Low31.11
CS1 End33.25
CR1 Start35.12
Volume & EV
DER(3)-4.04%
DER(5)-1.97%
Volume14.22M
Volume Incr10.65%
Vol(5)15.09M
Vol(50)15.75M