Schlumberger Limited | SLB

Daily Technical Analysis of Schlumberger Limited

Schlumberger Limited is only slightly up on the day, shares traded 1.00% higher on the day.

Currently SLB isn't at a clear support/resistance line that seems tradable. SLB hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. SLB might find some support at the 46.14 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Schlumberger Limited By Price Target And Rating

The analysts feel fairly neutral on the prospects for Schlumberger Limited but a little more positive than negative. The current Analysts Sentiment Score is 35.91. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. BMO Capital Markets provided a price target decease of -3.03% to $64.00 from $66.00 on 2024-04-22. TD Cowen announced a lowering of their price target to $63.00 from $64.00 on 2024-04-22. Bank of America announced a lowering of their price target to $62.00 from $63.00 on 2024-04-22. On 2024-04-22 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $68.00. Stifel Nicolaus reiterated a rating of Buy on 2024-04-22 and they lowered their price target by 0% to $64.00 from a previous target of $64.00. Susquehanna announced that they are reiterating a rating of Positive on 2024-04-22 and dropped their 1 year price target to $77.00 which is down from $77.00. On 2024-04-22 Morgan Stanley reiterated their rating of Overweight and added a price target of $65.00. HSBC announced that they are reiterating a rating of Buy on 2024-04-04 and added a price target of $71.00. On 2024-04-04 Barclays lowered their price target by -5.41% to $70.00. Royal Bank of Canada gave a boost to their price target and moved to $69.00 from $66.00 on 2024-04-03.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Schlumberger Limited

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Schlumberger Limited

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.