Schlumberger Stock Forecast

Buy or Hold candidate since Mar 13, 2025 Gain 2.88%

The Schlumberger stock price fell by -0.122% on the last day (Wednesday, 19th Mar 2025) from $41.13 to $41.08. During the last trading day the stock fluctuated 1.78% from a day low at $40.94 to a day high of $41.67. The price has fallen in 6 of the last 10 days but is still up by 4.18% over the past 2 weeks. Volume has increased on the last day by 5 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 20 million shares were bought and sold for approximately $803.24 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.91% during the next 3 months and, with a 90% probability hold a price between $41.90 and $48.18 at the end of this 3-month period.

SLB Signals & Forecast

The Schlumberger stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $40.69 and $40.95. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 04, 2025, and so far it has risen 5.12%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Schlumberger stock

Schlumberger finds support from accumulated volume at $40.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.728 (1.78%) between high and low. For the last week, the stock has had daily average volatility of 2.22%.

Our recommended stop-loss: $39.41 (-4.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (SLB) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Schlumberger NV to open at $41.23, and during the day (based on 14 day Average True Range), to move between $39.91 and $42.25, which gives a possible trading interval of +/-$1.17 (+/-2.85%) up or down from last closing price. If Schlumberger NV takes out the full calculated possible swing range there will be an estimated 5.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $41.63 (1.34%) than the support at $40.05 (2.51%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Schlumberger NV stock A Buy?

Schlumberger holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.003 Hold/Accumulate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on March 20, 2025 - $41.23 ( 0.367%).