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Stock Charts AI Power Rank: 7.3
Power Rank trend -> Rising
07/26/2024 16:17:00 EST
Schlumberger NV (SLB)
Industry: Oil & Gas Equipment & Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, SLB has been trading in a range between $49.67 and $45.20 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
SLB is trading between resistance at $51.69 about 6% to the upside and support at $48.82 -0% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $55.22, about a 13% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Schlumberger NV $SLB entered a Green zone 11 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $64.37, a potential upside of 31.82% from the recent price of 48.83. The stock is trading 25.09% (potential upside) below its 52 week high of $61.08 and 14.6 % (potential downside) above its 52 week low of $42.61 - based on the recent price.
Company Summary
Schlumberger Limited engages in the provision of technology for the energy industry worldwide The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.
News
| Schlumberger Limited (SLB) Is a Trending Stock: Facts to Know Before Betting on It Schlumberger (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Source: Zacks Investment Research Thu, 25 Jul 2024 10:01:52 -0400 Sentiment: Positive |
| A.forall Announces the Launch of Their Fifth Abbreviated New Drug Application (ANDA) and Second “First Cycle” FDA Approval MINNETONKA, Minn.--(BUSINESS WIRE)--A.forall's U.S. subsidiary Milla Pharmaceuticals Inc. announced the launch of the group's generic version of Precedex®, Dexmedetomidine Hydrochloride Injection 200 mcg per 50 mL and 400 mcg per 100 mL in 0.9% sodium chloride in glass bottles by its partner Sagent Pharmaceuticals. Dexmedetomidine Hydrochloride Injection is indicated for sedation of initially intubated and mechanically ventilated patients during treatment in an intensive care setting. Dexmedeto. Source: Business Wire Thu, 25 Jul 2024 04:00:00 -0400 Sentiment: Neutral |
| SLB announces voluntary delisting from Euronext Paris PARIS--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, given the increasing costs, administrative requirements and managerial time required to maintain a dual listing, has requested a voluntary delisting from the Euronext Paris. SLB became a pub. Source: Business Wire Wed, 24 Jul 2024 20:00:00 -0400 Sentiment: Neutral |
| SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company's E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP. “By co-developing AI-powered digital technologies, we will transform Aker BP's subsurface workfl. Source: Business Wire Tue, 23 Jul 2024 09:00:00 -0400 Sentiment: Neutral |
| 24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR foreign stocks and six funds were dropped by YCharts screens, and six selections paid no dividends, leaving 24 in the final pool. The Barron's list tracked by YCharts as of 7/17/24 projected ten top analyst-estimated net gains from WST, ASML, PBR, RUSHA & topped by SLB ranging 19.46%-35.09%. Source: Seeking Alpha Tue, 23 Jul 2024 06:49:52 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 61.082 52 Week Low: 42.61 Beta: 1.567 50 Day MA: 46.4576 200 Day MA: 50.5574 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.069 Qtr Revenue Growth YOY: 0.117 Forward PE: 14.881 Trailing PE: 15.9526