SLB technical analysis
SLB Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
SLB Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- SLB
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 50.81 | August 4, 2026 | - | Verified |
| Verification series | 50.81 | August 4, 2026 | 0.00% | Verified |
Bottom line
SLB Technical Analysis Summary
SLB shows an improving daily picture against a still corrective weekly backdrop. On the daily chart, price at 50.81 has reclaimed both SMA20 (48.42) and SMA50 (50.52), with RSI at 57.28 and a positive, expanding MACD histogram of 0.42 supporting the recovery from the recent trough near 44.59. The weekly chart remains cautious, with price at 49.59 below SMA20 (51.63) and a negative MACD histogram of -0.94, although the longer-term structure above weekly SMA50 (44.49) and SMA200 (44.20) is intact. The key near-term test is whether SLB can build on the daily momentum and push through the 20-period high at 53.20 on above-average volume. A sustained daily close above SMA50 keeps the constructive bias, while a failure back below SMA20 (48.42) would put the recovery in question.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Mixed to improving. Price at 50.81 sits above SMA20 (48.42), SMA50 (50.52), and SMA200 (46.60). SMA20 remains below SMA50, so the short-term alignment is not yet fully bullish, but price has reclaimed both the 20-day and 50-day averages after the August 4 gain.
- Momentum
- Mildly bullish. RSI14 at 57.28 is above the neutral 50 level, indicating improving momentum. MACD at 0.18 is above the signal line at -0.24, and the histogram at 0.42 is positive and expanding, supporting the recovery.
- Volatility
- Moderate. ATR14 at 1.67 (3.30% of price) indicates average daily movement of about 3.3%. Bollinger Bands (45.09 to 51.74) are moderately wide, with price near the upper band at 50.81 reflecting the recent upswing.
- Volume
- Below average. Latest volume of 8,637,767 is 0.67x the 20-period average (12,915,623), suggesting the recovery has not yet drawn strong participation.
Assessment
The daily chart shows a decisive recovery. After bottoming in the 44.59 to 45.18 zone, price has rallied 9.46% over the last 20 sessions and reclaimed SMA20 and SMA50 on August 4 with a 3.04% gain. MACD is positive and expanding and RSI is above 50, but volume remains below average and SMA20 is still below SMA50, so full confirmation is pending. Immediate resistance is the 20-period high at 53.20. On the downside, SMA20 at 48.42, SMA200 at 46.60, and the 20-period low at 45.18 form the key support zone.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 49.59 is below SMA20 (51.63) but above SMA50 (44.49) and SMA200 (44.20). SMA20 remains above SMA50 on the weekly chart, a structurally bullish alignment, but price trading below SMA20 keeps the near-term tone corrective within the broader uptrend.
- Momentum
- Neutral. RSI14 at 50.80 sits right at the neutral mark. MACD at 0.95 is below the signal line at 1.89 with a negative histogram of -0.94, indicating ongoing but modest bearish momentum at the weekly scale.
- Volatility
- Moderate to elevated. ATR14 at 4.04 (8.16% of price) reflects wide weekly ranges, consistent with the volatility around the pullback from the 52-week high of 58.51.
- Volume
- Slightly below average. Weekly volume of 70,153,900 is 0.94x the 20-week average (74,551,655), indicating slightly reduced participation during the corrective phase.
Assessment
The weekly chart shows a corrective phase within a longer-term uptrend. Price is below SMA20 with a negative MACD histogram, pointing to ongoing downward pressure, and the latest weekly bar closed down 5.40%. However, weekly SMA50 (44.49) and SMA200 (44.20) both sit below price and keep the long-term structure intact. The 52-week position at 67.51% remains in the upper half of the range. A weekly close back above SMA20 (51.63) would be a meaningful turnaround signal, while a loss of the weekly SMA50 (44.49) would raise the risk of a deeper correction.
Key indicators
SLB Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 57.28 | 50.80 |
| MACD (12, 26, 9) | 0.18 / -0.24 / 0.42 | 0.95 / 1.89 / -0.94 |
| ATR (14) | 1.67 (3.30%) | 4.04 (8.16%) |
| Bollinger Bands (20, 2) | 45.09 - 51.74 | 44.18 - 59.08 |
| SMA (20) | 48.42 | 51.63 |
| SMA (50) | 50.52 | 44.49 |
| SMA (200) | 46.60 | 44.20 |
Price structure
SLB Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 50.81 | 49.59 |
| 1-Period Return | +3.04% | -5.40% |
| 5-Period Return | +1.66% | +5.51% |
| 20-Period Return | +9.46% | +11.47% |
| 60-Period Return | -3.63% | +50.41% |
| 252-Period Return | +57.94% | +81.47% |
| 52-Week Low | 31.05 | 31.05 |
| 52-Week High | 58.51 | 58.51 |
| 52-Week Position | 71.96% | 67.51% |
Key levels
SLB Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 53.20 | 58.51 |
| 20-Period Low | 45.18 | 44.07 |
| 60-Period High | 58.51 | 58.51 |
| 60-Period Low | 44.59 | 31.05 |
Scenarios
SLB Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above SMA50 at 50.52 on the daily chart and breaks the 20-period high at 53.20 on above-average volume, with RSI staying above 50.
Invalidation
Price closes back below SMA20 at 48.42.
What to watch
Sustained daily closes above SMA50; MACD histogram continuing to expand positively; weekly price reclaiming SMA20 at 51.63.
Range-Bound
Trigger
Price oscillates between the daily SMA20 at 48.42 and the 20-period high at 53.20.
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI holding between 45 and 60; volume remaining below average; weekly MACD histogram narrowing.
Bearish
Trigger
Price breaks below the daily SMA20 at 48.42 and then the 20-period low at 45.18 with increasing volume.
Invalidation
Price reclaims SMA50 at 50.52 and holds above it.
What to watch
Sustained closes below SMA200 at 46.60; weekly MACD histogram turning further negative; accelerating downside volume.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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