Trading Signals: SLB Stock Price Prediction and Forecast

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Wed. Aug. 31, 2022

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

(Schlumberger NV)
SLB latest price $38.1500 (-1.37%) ($37.3000 - $39.1550) on Wed. Aug. 31, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.16% (three month average)
RSI   57
Latest Price   $38.1500(-1.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SLB declines -0.9% a day on average for past five trading days.
Weekly Trend   SLB advances 4.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support SLB advance at 0% a week (0% probability)
OIH(91%)    IWD(50%)    PAVE(48%)    IWN(47%)    DIA(46%)
Factors Impacting SLB price   SLB will decline at least -1.58% in a week (0% probabilities).
UUP(-24%)    SHY(-17%)    VIXM(-16%)    BNDX(-14%)    VXX(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.58% (StdDev 3.16%)
Hourly BBV -0.9 ()
Intraday Trend 1.1%

5 Day Moving Average   $39.36(-3.07%)
10 Day Moving Average   $38.77(-1.6%)
20 Day Moving Average   $37.17(2.64%)
To recent high   -23%
To recent low   21.8%
Market Cap   $52.956b

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 5.33% (three month std-dev: 3.16%) daily (68% of days).

Sample size 12 Average positive next day return: 3.26%(42%) Average negative next day return: -2.4%(58%) Sample size 12 Average positive next three day return: 6.24%(50%) Average negative next three day return: -3.78%(50%) Sample size 12 Average positive next weekly return: 13.06%(42%) Average negative next weekly return: -3.72%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221001

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	Aug_31_2022	39.05	37.17	38.77	39.36	39.18	38.56	38.15(-1.37%)	N/A	N/A	0	-0.6	-1	-120	-25	71	11.39	43%	-0.1	43	3.16%	-0.9	0.5	57	1.9
2	Aug_30_2022	39.09	37.04	38.53	39.71	39.73	39.46	38.68(-4.21%)	UD	OpenLong	65	-0.5	16	-50	-9	91	10.42	43%	-0.08	47	3.21%	-1.3	0.8	67	2.1
3	Aug_29_2022	39.12	36.93	38.25	39.85	39.87	39.8	40.38(2.44%)	UT	OpenLong	75	0.3	36	-10	11	110	11.64	45%	-0.05	53.2	3.19%	1.1	1.8	75	2.2
4	Aug_26_2022	39.14	36.72	37.78	39.16	39.53	40	39.42(-1.87%)	UD	OpenLong	75	0.1	36	110	15	99	8.91	47%	-0.03	48	3.21%	-1.2	1.5	74	2
5	Aug_25_2022	39.15	36.58	37.54	38.7	38.8	39.94	40.17(0.65%)	UT	HoldLong	65	0.9	50	210	31	105	12.7	47%	-0.03	49.2	3.24%	0.8	2.2	78	1.2

6	Aug_24_2022	39.16	36.34	37.18	38.09	37.99	39.06	39.91(1.4%)	UT	HoldLong	65	1.3	59	190	43	108	11.45	47%	-0.03	51.8	3.25%	1	2.5	80	1.8
7	Aug_23_2022	39.17	36.14	36.67	37.19	37.24	37.67	39.36(6.61%)	UT	OpenLong	75	1.8	43	80	32	77	15.94	51%	-0.05	49.8	3.25%	1.5	2.7	65	2.1
8	Aug_22_2022	39.19	35.93	36.22	36.43	36.44	36.91	36.92(-0.54%)	UD	OpenLong	75	0.5	16	90	8	38	9.12	47%	-0.13	47.5	3.24%	0.1	1.1	50	1
9	Aug_19_2022	39.24	35.89	36	36.43	36.21	36.82	37.12(-0.03%)	UD	OpenLong	75	1	19	120	16	27	12.89	47%	-0.1	56.6	3.25%	1	1.3	53	-0
10	Aug_18_2022	39.28	35.78	35.75	36.2	35.86	35.96	37.13(4.89%)	UT	OpenLong	75	0.9	8	-10	6	13	10.74	45%	-0.13	66.1	3.25%	1.9	1.4	49	-0.7

11	Aug_17_2022	39.33	35.61	35.43	36.15	35.91	35.6	35.4(-0.51%)	N/A	N/A	0	-0.8	-2	-80	-3	-0	7.7	42%	-0.2	76.6	3.22%	-0.4	-0.2	50	-0.7
12	Aug_16_2022	39.41	35.56	35.44	36.06	36.16	35.75	35.58(-0.5%)	DT	OpenShort	-75	-0.5	-4	-70	-3	-7	9.7	44%	-0.15	80.8	3.23%	-0.9	0	47	-1.2
13	Aug_15_2022	39.47	35.5	35.54	35.94	35.88	36.22	35.76(-3.72%)	DT	OpenShort	-75	-0.2	-1	60	-0	-4	7.64	44%	-0.2	76.3	3.27%	-1	0.2	52	-1.5
14	Aug_12_2022	39.55	35.38	35.59	35.72	35.74	36.58	37.14(0.68%)	UT	OpenLong	75	1.1	22	170	29	2	6.61	49%	-0.15	61.4	3.28%	1	1.3	54	-2.2
15	Aug_11_2022	39.61	35.14	35.55	35.22	35.23	35.55	36.89(5.64%)	N/A	N/A	0	1.1	18	60	25	-5	13.03	49%	-0.15	39.2	3.29%	1.5	1.2	58	-1.8

16	Aug_10_2022	39.67	34.87	35.41	34.63	34.68	34.9	34.92(-0.2%)	DT	OpenShort	-75	0.2	-8	50	-2	-24	13.3	45%	-0.15	18.4	3.21%	0	0	59	-1.6
17	Aug_9_2022	39.73	34.75	35.55	34.76	34.65	34.91	34.99(0.98%)	DP	OpenShort	-75	0.1	-4	40	-2	-10	7.61	40%	-0.18	18.7	3.21%	-0.3	0.2	56	-1.2
18	Aug_8_2022	39.8	34.65	35.62	35.1	34.94	34.47	34.65(-0.03%)	CR	SmallShort	-20	-0.3	-6	-110	-9	3	6.05	40%	-0.13	23.2	3.52%	-0.1	0	54	-1.8
19	Aug_5_2022	39.85	34.59	35.78	35.45	35.42	34.39	34.66(2.09%)	N/A	N/A	0	-0.5	-15	-210	-26	19	6.86	40%	-0.13	23.2	3.53%	-0.6	0	60	-1.3
20	Aug_4_2022	39.9	34.57	35.84	35.92	35.92	35.41	33.95(-4.47%)	N/A	N/A	0	-1.2	-7	-100	-24	46	11.73	44%	-0.1	27.8	3.52%	-1.7	-0.4	61	-1

21	Aug_3_2022	39.94	34.6	35.85	36.27	36.41	36.45	35.54(-3.13%)	UD	OpenLong	65	-0.5	18	20	-2	76	11.54	45%	-0.1	28.4	3.57%	-1.3	0.6	72	-2.8
22	Aug_2_2022	39.98	34.46	35.73	36.43	36.39	36.44	36.69(0.8%)	UT	OpenLong	75	0.2	27	10	5	94	9.99	45%	-0.12	19.6	3.57%	0.3	1.4	70	-1.4
23	Aug_1_2022	40.03	34.29	35.49	36.21	36.26	36.38	36.4(-1.7%)	UD	OpenLong	75	0.1	25	30	1	96	12.58	45%	-0.15	9	3.57%	0.8	1.3	67	-2.7
24	Jul_29_2022	40.09	34.23	35.17	36.17	36.24	36.35	37.03(3.7%)	UT	OpenLong	75	0.6	33	30	11	100	12.31	45%	-0.17	10.4	3.59%	2.1	1.8	65	-2.8
25	Jul_28_2022	40.16	34.14	34.7	35.78	36.04	36.13	35.71(-1.71%)	UD	OpenLong	75	-0	27	40	8	82	10.28	43%		5.8	3.57%	-0.2	1.1	55	-1.3
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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