NYSE:SLB • AN8068571086
We assign a technical rating of 6 out of 10 to SLB. In the last year, SLB was one of the better performers, but we do observe some doubts in the very recent evolution.
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.
36.94
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The short term trend for SLB is down. |
| ChartMill Relative Strength | 80.01 | POSITIVE | SLB has a high relative strength, it outperformed 80.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLB is below a declining 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) | 39.7 | NEUTRAL | The RSI value for SLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests SLB has a negative trend. |
| Stochastics (14,3) | 11.88 | OVERSOLD | The low Stochastics value suggests SLB may be oversold. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for SLB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.63 | POSITIVE | The high ADX value value for SLB suggests a strong trend. |
47.4
-0.49 (-1.02%)
ChartMill assigns a technical rating of 6 / 10 to SLB.
The current trend direction for SLB LTD (SLB) is Bullish.
SLB LTD (SLB) has an RSI value of 39.703. This indicates that the stock is currently neutral.
The MACD indicator for SLB LTD (SLB) has a value of -0.699316, indicating a bearish trend.
The buy/sell signal for SLB LTD (SLB) is hold as the short term and long term trends are mixed.