EN
Takip Edin: @UscMarketsSLB Stock Forecast & Schlumberger Limited Chart Analysis
This article provides a detailed analysis of SLB-Schlumberger Limited stock including a forecast for SLB shares. It features Schlumberger Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
SLB Historical Data Review
SLB Current Price Performance Analysis
The Schlumberger Limited - SLB stock traded on the American stock market, on 06-05-2024, closed at 43.2$ with a %-0.48 decreased compared to the previous day.
In the last month, the price of SLB changed by %-9.92 decreased in value, from 47.96 dollars on 05-06-2024 to 43.2 dollars, decreased.
Last year, the price of SLB was 46.95 dollars on 06-06-2023, and changed by %-7.99 decreased in value, to 43.2 dollars decreased within a year.
The price of Schlumberger Limited stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
SLB with AI Stock Forecast & Price Target
On the SLB chart Schlumberger Limited price was recorded as 43.2 Dollars on 06/05/2024.
The artificial intelligence's forecast on SLB stock is as follows.
The artificial intelligence's prediction error margin for SLB stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Schlumberger Limited stock over the next 4 months is: 38.2 Dollars.
The commentary on SLB stock Target Price: Highest: 46.592 Dollars is predicted.
The commentary on SLB stock Target Price: Lowest: 31.87 Dollars is predicted.
Resistance Price where Schlumberger Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 36.668 |
| 01-06-2025 | 40.247 |
| 02-20-2025 | 40.293 |
Support Price where Schlumberger Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 35.865 |
| 11-07-2024 | 31.870 |
| 01-31-2025 | 39.935 |
| 03-27-2025 | 38.050 |
The commentary on SLB stock: The target price can generally be said to be on the decline.
The commentary on SLB stock: Fluctuations in the target price can be expected in the coming days.
The target price for Schlumberger Limited stock by the end of 2024 is predicted to be 39.883 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SLB stock, and the 2024 target price predictions for Schlumberger Limited are detailed above.
The technical analysis and charts for the commentary on SLB stock are below.
SLB Support & Resistance and Trend Analysis
SLB stock you have reviewed the technical analysis support resistance charts regarding.
SLB : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SLB review, the Schlumberger Limited support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Schlumberger Limited Support and Resistance Prices:
| SLB Support Level Price | SLB Resistance Level Price |
|---|---|
| 46.91 | 49.12 |
| 46.92 | 50.95 |
| 47.17 | 53.24 |
| 47.88 | 53.44 |
| 47.95 | 54.37 |
| 48.09 | 55.69 |
| 51.87 |
SLB Technical Analysis: SMA, RSI, MACD
Upon reviewing the SLB chart, buy and sell signals have been generated in the Schlumberger Limited technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for SLB stock are as follows:- SLB technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Schlumberger Limited gave a 'Buy' signal when the RSI was at 28.897, with the current RSI value at 13.343.
- The technical analysis for Schlumberger Limited indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Schlumberger Limited stock: Click here to read more predictions on Becton stock.
Click here for price target predictions and technical analysis charts of other American stocks