SCHLUMBERGER LTD (SLB) Stock Technical Analysis
NYSE:SLB - New York Stock Exchange, Inc. - AN8068571086 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SLB. In the past year, SLB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SLB is a bad performer in the overall market: 82% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SLB has a been trading in the 33.05 - 38.15 range, which is quite wide. It is currently trading near the high of this range.
SLB has an average volume of 14310700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLB is an average performer in the Energy Equipment & Services industry, it outperforms 42% of 62 stocks in the same industry.
SLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLB is lagging the market.
SLB has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
32.71
41.08
We found 2 important support areas.
- A support zone ranging from 35.31 to 35.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.04 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 37.32 to 37.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.01 from a trend line in the weekly time frame.
- A resistance zone ranging from 40.45 to 40.67. 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 | NEUTRAL | NEUTRAL | The long term trend for SLB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLB is up. |
| ChartMill Relative Strength | 18.74 | NEGATIVE | SLB has a low relative strength, it was outperformed by 81.26% 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) | DOWN | NEGATIVE | The current price of SLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.44 | NEUTRAL | The RSI value for SLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SLB has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests SLB may be overbought. |
| 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) | 19.26 | 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)
37.31
+0.66 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.8%
1 Week4.66%
2 Weeks10.29%
1 Month4.54%
3 Month9.86%
6 Month-3.39%
12 Month-19.63%
2 Year-36.05%
3 Year0.76%
5 Year105.68%
10 Year-54.95%
15 Year-37.46%
Volatility
ATR(14)1.16
ATR(20)%2.77%
ATR Inc50.75%
Range Today1.81
ADR(20)1.03
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.74
Mansfield-1.41
10 Day High38.15
10 Day Low33.45
20 Day High38.15
20 Day Low33.05
52 Week High50.94
52 Week Low31.11
CS1 End35.83
CR1 Start37.32
Volume & EV
DER(3)2.67%
DER(5)3.7%
Volume11.34M
Volume Incr-28.04%
Vol(5)11.53M
Vol(50)14.31M