Trading Signals: SLB Stock Price Prediction and Forecast

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Fri. Jun. 24, 2022

Trading Signals: SLB Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Oct. 27, 2023)

(Schlumberger NV)
SLB latest price $35.0600 (0.23%) ($34.6600 - $36.5000) on Fri. Jun. 24, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.51% (three month average)
RSI   22
Latest Price   $35.0600(0.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SLB declines -1.9% a day on average for past five trading days.
Weekly Trend   SLB declines -13% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SLB advance at 0% a week (0% probability)
OIH(91%)    XLE(53%)    IWD(48%)    XOP(48%)    PAVE(46%)
Factors Impacting SLB price   SLB will decline at least -1.755% in a week (0% probabilities).
UUP(-23%)    SHY(-19%)    BNDX(-19%)    VIXM(-16%)    TLT(-9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.755% (StdDev 3.51%)
Hourly BBV -0.7 ()
Intraday Trend -0.5%

1 - 5 Day Possible Target   $18.21(-48.06%)
Resistance Level   $43.39
5 Day Moving Average   $36.6(-4.21%)
10 Day Moving Average   $39.54(-11.33%)
20 Day Moving Average   $43.39(-19.2%)
To recent high   -29.3%
To recent low   0.2%
Market Cap   $48.667b

Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through the following business segments: Reservoir Characterization, Drilling, Production, Cameron and Elimination and other. The Reservoir Characterization Group segment consists of the principal technologies involved in finding and defining hydrocarbon resources. The Drilling Group segment includes the drilling and positioning of oil and gas wells such as bits and drilling tolls, drilling and measurement, land rigs and integrated drilling services. The Production Group segment provides technologies in the lifetime production of oil and gas reservoirs such as well services, completions, artificial lift, well intervention, water service, integrated production services and others. The Cameron Group segment consists of the pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

$. SLB price fluctuates within 11.29% (three month std-dev: 3.51%) daily (68% of days).

Sample size 37 Average positive next day return: 2.8%(54%) Average negative next day return: -3.51%(46%) Sample size 37 Average positive next three day return: 7.1%(43%) Average negative next three day return: -6%(57%) Sample size 37 Average positive next weekly return: 7.52%(46%) Average negative next weekly return: -8.79%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220724

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_24_2022	41.48	43.39	39.54	36.6	36.76	35.78	35.06(0.23%)	DP	OpenShort	-75	-0.3	-79	-170	-28	-233	22.9	36%	-0.1	-36.3	3.51%	-0.7	-1.7	22	-0.4
2	Jun_23_2022	41.52	43.93	40.83	37.29	37.35	36.65	34.98(-6.77%)	DT	OpenShort	-75	-0.5	-86	-130	-42	-219	28.16	36%	-0.1	-32.2	3.51%	-1.5	-2	26	0.2
3	Jun_22_2022	41.56	44.43	42.27	38.6	38.18	37.74	37.52(-3.35%)	DT	OpenShort	-75	-0.3	-71	-110	-33	-184	17.33	39%	-0.05	-27.2	3.43%	-0.3	-1.7	29	-1.1
4	Jun_21_2022	41.58	44.79	43.41	39.74	39.51	38.05	38.82(5.95%)	DP	OpenShort	-75	-0.3	-67	-280	-37	-156	18.13	41%	0.02	-19.9	3.4%	0.7	-1.7	34	-2.3
5	Jun_17_2022	41.57	44.96	44.28	40.84	40.93	38.62	36.64(-4.78%)	DT	HoldShort	-65	-1.2	-100	-390	-81	-158	32.25	40%	-0.05	-12	3.33%	-1.3	-2.5	22	0.3

6	Jun_16_2022	41.59	45.24	45.43	42.95	42.67	40.97	38.48(-7.32%)	DT	OpenShort	-75	-1.5	-87	-300	-78	-113	21.59	41%	-0.02	8.9	3.31%	-1.5	-2.3	31	0.4
7	Jun_15_2022	41.6	45.43	46.29	44.88	44.59	43.25	41.52(-3.93%)	DT	OpenShort	-75	-1.3	-55	-230	-53	-60	15.07	41%	0.05	35.4	3.21%	-1.9	-1.5	44	0.3
8	Jun_14_2022	41.58	45.54	46.86	46.49	46.12	44.37	43.22(-2.48%)	DT	OpenShort	-75	-1.3	-42	-290	-51	-14	13.32	42%	0.17	64.7	3.25%	-1.5	-0.9	52	0.4
9	Jun_13_2022	41.51	45.51	47.19	47.63	47.39	45.94	44.32(-6.12%)	CR	SmallShort	-20	-1.2	-28	-230	-45	22	12.42	42%	0.19	84.7	3.26%	-1.4	-0.4	55	0.5
10	Jun_10_2022	41.43	45.37	47.6	48.21	48.21	47.87	47.21(-1.93%)	UD	OpenLong	65	-0.4	6	-50	-17	75	11.29	45%	0.27	82.5	3.17%	-1	0.7	72	1.2

11	Jun_9_2022	41.32	44.98	47.56	48.27	48.28	48.83	48.14(-2.88%)	UD	OpenLong	75	-0	38	80	13	114	11.47	42%	0.27	72.1	3.17%	-0.5	1	76	1
12	Jun_8_2022	41.21	44.5	47.27	47.9	47.89	48.54	49.57(1.31%)	UT	HoldLong	65	0.5	51	90	26	127	15.09	46%	0.29	58.9	3.22%	1.4	1.5	80	0.9
13	Jun_7_2022	41.09	43.92	46.71	47.32	47.33	47.72	48.93(3.62%)	UT	OpenLong	75	0.5	41	60	17	113	14.73	50%	0.2	50.1	3.33%	2.8	1.5	68	1.2
14	Jun_6_2022	41.01	43.38	46.19	46.73	47.12	47.23	47.22(-0.53%)	UD	OpenLong	75	0.1	27	40	3	100	6.69	48%	0.24	43.9	3.45%	0.4	1.2	68	1.1
15	Jun_3_2022	40.91	43.15	45.62	46.92	47.04	46.94	47.47(2.53%)	UT	OpenLong	75	0.2	27	-10	0	109	8.85	48%	0.29	54	3.45%	1.8	1.4	72	1.4

16	Jun_2_2022	40.79	42.85	44.98	46.77	47.11	47.01	46.3(-0.81%)	UD	OpenLong	75	-0.2	32	10	3	118	8.14	50%	0.25	59.4	3.45%	-0.9	1.1	74	1.3
17	Jun_1_2022	40.69	42.65	44.48	46.52	46.92	47.14	46.68(1.57%)	UT	HoldLong	65	0.1	41	60	12	129	15.2	49%	0.25	64.1	3.48%	-0.3	1.4	77	1.5
18	May_31_2022	40.59	42.31	44.1	45.96	46.24	47.2	45.96(-4.67%)	UD	OpenLong	75	0	51	160	20	142	28.7	48%	0.42	62.7	3.51%	-2	1.3	77	1.4
19	May_27_2022	40.42	41.96	43.71	45.53	45.3	46.71	48.21(3.26%)	UT	HoldLong	65	1	78	200	49	166	13.95	51%	0.35	61	3.46%	1.4	2.3	84	1.8
20	May_26_2022	40.28	41.48	42.93	44.11	44.19	45.29	46.69(3.64%)	UT	OpenLong	75	1.1	66	180	46	124	16.24	51%	0.35	48.8	3.47%	1.3	2.2	58	1.8

21	May_25_2022	40.14	41.13	42.16	42.95	42.96	43.89	45.05(2.62%)	UT	OpenLong	75	1	43	150	31	80	17.18	50%	0.3	38.9	3.47%	1.8	2	57	1.7
22	May_24_2022	40.02	40.86	41.49	42.16	42	43.09	43.9(0.21%)	UT	OpenLong	75	1	26	170	20	42	11.24	49%	0.33	24	3.48%	1.2	1.7	53	2.1
23	May_23_2022	39.89	40.63	40.89	41.97	41.69	42.02	43.81(6.54%)	UT	OpenLong	75	1.1	23	40	20	30	13.28	49%	0.35	12.3	3.51%	1.8	1.8	60	2.2
24	May_20_2022	39.75	40.36	40.31	41.64	41.7	40.92	41.12(0.66%)	N/A	N/A	0	-0.3	-3	-130	-6	8	9.79	46%	0.28	-6.6	3.4%	-0.3	0.5	58	2
25	May_19_2022	39.64	40.38	40.46	41.56	41.78	41.35	40.85(-0.68%)	N/A	N/A	0	-0.5	-2	-60	-10	21	12.12	46%		-12.6	3.42%	-0.6	0.3	58	1.7
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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