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Schlumberger $SLB Technical Update

The Schlumberger (NYSE: SLB) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SLB, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Strong Weak Weak
P1 40.86 30.04 33.28
P2 41.60 35.65 42.02
P3 42.09 41.10 50.63
Triggers may have already come
Support and Resistance Plot Chart for SLB

Long Term Trading Plans for SLB

January 16, 2019, 1:30 pm ET

The Technical Summary and Trading Plans for SLB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SLB Report.

SLB - (Long) Support Plan

The technical summary data tells us to buy SLB near 33.28 with an upside target of 42.02. This data also tells us to set a stop loss @ 33.02 to protect against excessive loss in case the stock begins to move against the trade. 33.28 is the first level of support below 41.389 , and by rule, any test of support is a buy signal. In this case, support 33.28 would be being tested, so a buy signal would exist.

SLB - (Short) Resistance Plan

The technical summary data is suggesting a short of SLB as it gets near 42.02 with a downside target of 33.28. We should have a stop loss in place at 42.28 though. 42.02 is the first level of resistance above 41.389, and by rule, any test of resistance is a short signal. In this case, if resistance 42.02 is being tested, so a short signal would exist.


SLB Long Term Analysis


SLB EPS Analysis

SLB Dividend Chart

SLB Revenue chart

SLB Growth rate - Quarterly

SLB Growth rate - Yearly

SLB PE chart

SLB PEG chart