Trading Signals: SLB Stock Price Prediction and Forecast

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Thu. Feb. 25, 2021

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

(Schlumberger NV)
SLB latest price $28.5100 (-3.06%) ($28.2000 - $29.8700) on Thu. Feb. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.94% (three month average)
RSI   74
Latest Price   $28.5100(-3.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SLB advances 2.1% 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. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SLB advance at 0% a week (0% probability)
OIH(92%)    XLE(69%)    XOP(64%)    IWN(50%)    USO(49%)
Factors Impacting SLB price   SLB will decline at least -1.47% in a week (0% probabilities).
VIXM(-23%)    UUP(-21%)    TLT(-17%)    BNDX(-15%)    SHY(-13%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.47% (StdDev 2.94%)
Hourly BBV -0.2 ()
Intraday Trend -3%

5 Day Moving Average   $27.86(2.33%)
10 Day Moving Average   $27.22(4.74%)
20 Day Moving Average   $25.81(10.46%)
To recent high   -3.1%
To recent low   37.1%
Market Cap   $39.575b

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 7.87% (three month std-dev: 2.94%) daily (68% of days).

Sample size 38 Average positive next day return: 3.52%(61%) Average negative next day return: -2.79%(39%) Sample size 38 Average positive next three day return: 7.4%(53%) Average negative next three day return: -5.6%(47%) Sample size 38 Average positive next weekly return: 8.9%(47%) Average negative next weekly return: -5.92%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210325

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	Feb_25_2021	21.43	25.81	27.22	27.86	28.03	28.86	28.51(-3.06%)	UD	OpenLong	75	0.3	52	230	35	101	20.38	61%	0.61	59.6	2.94%	-0.2	1.3	74	0.2
2	Feb_24_2021	21.3	25.48	27.02	27.28	27.26	28.09	29.41(6.02%)	UT	HoldLong	65	1	50	210	35	95	21.58	64%	0.66	42	2.91%	1.5	1.9	82	1.4
3	Feb_23_2021	21.16	25.14	26.66	26.77	26.61	27.19	27.74(0.73%)	UT	HoldLong	65	0.5	39	130	20	97	13.53	65%	0.57	31.2	2.84%	0.9	1.3	84	1.3
4	Feb_22_2021	21.04	24.93	26.48	26.58	26.46	26.43	27.54(5.44%)	UT	HoldLong	65	0.5	36	-20	10	113	13.96	65%	0.62	27.2	2.95%	1.3	1.4	85	1.1
5	Feb_19_2021	20.91	24.76	26.23	26.43	26.49	26.03	26.12(2.11%)	UD	OpenLong	65	-0.2	24	-110	-10	126	10.06	61%	0.53	22.5	2.89%	-0.4	0.8	82	1.5

6	Feb_18_2021	20.8	24.65	26.11	26.48	26.6	26.48	25.58(-4.8%)	UD	OpenLong	65	-0.5	27	-20	-14	148	11.15	61%	0.53	20.5	2.9%	-1.8	0.5	74	1.3
7	Feb_17_2021	20.69	24.63	26	26.69	26.66	26.94	26.87(0.22%)	UT	HoldLong	65	0.1	57	70	10	198	11.55	67%	0.53	22.1	2.82%	0.2	1.3	89	1.4
8	Feb_16_2021	20.58	24.54	25.58	26.51	26.55	26.72	26.81(0.15%)	UT	OpenLong	75	0.2	59	50	13	196	14.32	73%	0.78	21.4	2.82%	0.8	1.4	75	1.2
9	Feb_12_2021	20.42	24.43	25.14	26.35	26.26	26.39	26.77(1.52%)	UT	OpenLong	75	0.3	48	20	10	162	9.04	74%	0.49	20	3.14%	1.5	1.5	65	1.5
10	Feb_11_2021	20.32	24.37	24.69	26	26.09	26.38	26.37(-0.94%)	UD	OpenLong	75	0.2	44	90	14	134	9.77	74%	0.49	17.4	3.16%	-0.2	1.3	59	1.3

11	Feb_10_2021	20.22	24.31	24.31	25.69	25.8	26.13	26.62(2.38%)	UT	OpenLong	75	0.6	45	100	22	113	11.58	74%	0.5	15.3	3.19%	1.6	1.6	61	1
12	Feb_9_2021	20.12	24.26	23.82	25.2	25.31	25.8	26(0.04%)	UT	OpenLong	75	0.6	39	150	29	69	10.78	80%	0.45	15.8	3.19%	0.8	1.2	51	1.1
13	Feb_8_2021	20.03	24.2	23.48	24.5	24.71	25.46	25.99(3.92%)	UT	OpenLong	75	1.1	27	240	30	18	11.48	80%	0.35	12.1	4.01%	1.3	1.3	50	1.1
14	Feb_5_2021	19.96	24.12	23.22	23.73	23.94	24.82	25.01(0.81%)	RB	SmallLong	20	1	17	280	28	-17	11.35	80%	0.35	6.7	4%	0.7	0.7	49	1.1
15	Feb_4_2021	19.89	24.11	23.13	23.17	23.21	23.95	24.81(2.61%)	N/A	N/A	0	1.2	6	230	24	-47	12.89	80%	0.25	5.1	4.03%	1.3	0.5	42	1.1

16	Feb_3_2021	19.84	24.08	23.03	22.74	22.68	23.06	24.18(7.42%)	DP	OpenShort	-65	1.1	-3	110	20	-71	15.83	80%	0.35	6.4	4.02%	1.8	0.1	43	0.7
17	Feb_2_2021	19.77	24.04	23.11	22.26	22.43	22.47	22.51(1.58%)	DP	OpenShort	-65	0.2	-24	40	2	-102	11.04	79%	0.2	1.6	3.93%	0.9	-1.1	29	-0.1
18	Feb_1_2021	19.73	24.03	23.39	22.31	22.26	22.31	22.16(-0.23%)	DT	OpenShort	-75	-0.1	-33	10	-10	-103	10.03	79%	0.25	3.7	3.96%	-0.3	-1.4	36	-1.3
19	Jan_29_2021	19.68	24.03	23.67	22.62	22.57	22.39	22.21(-1.9%)	DT	OpenShort	-75	-0.3	-31	-60	-10	-93	15.55	80%	0.2	10.2	3.97%	-0.4	-1.4	38	-2.7
20	Jan_28_2021	19.64	24.04	24.04	23.06	22.96	22.22	22.64(3.92%)	DP	OpenShort	-75	-0.3	-31	-240	-16	-77	12.31	75%	0.2	21.1	3.96%	0.2	-1	39	-2.2

21	Jan_27_2021	19.6	24	24.32	23.37	23.36	22.75	21.79(-4.2%)	DT	OpenShort	-75	-1.1	-41	-180	-32	-67	17.04	75%	0.2	25.5	4.03%	-1.7	-1.6	38	-3
22	Jan_26_2021	19.56	24.01	24.77	24.09	24.02	23.7	22.74(-4.21%)	DT	OpenShort	-75	-0.9	-20	-100	-18	-24	20.19	78%	0.15	37	3.99%	-1.7	-0.9	52	0.3
23	Jan_25_2021	19.53	23.98	25.02	24.62	24.49	23.97	23.74(-2.74%)	N/A	N/A	0	-0.6	-6	-160	-12	13	15.53	82%	0.26	41.7	3.95%	-1.1	-0.2	65	0.8
24	Jan_22_2021	19.48	23.9	25.15	24.86	24.86	24.34	24.41(0.91%)	N/A	N/A	0	-0.3	-4	-150	-17	37	13.55	82%	0.26	42.8	3.92%	-0.6	0.3	70	1.5
25	Jan_21_2021	19.43	23.76	25.21	25.17	25.15	25.01	24.19(-4.58%)	UD	OpenLong	65	-0.6	9	-40	-12	70	20.66	79%		41.8	3.92%	-1.8	0.3	69	1.8
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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