Schlumberger Limited saw some selling pressure today and moved down -4.45% It looks like SLB may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. In addition to being near an angled support line SLB is near a moderate strength horizontal support line. This represents a potential pivot point where the price might find support and move upward. But it can also break through
this line in which case there might be a burst of selling on the other side. Schlumberger Limited has been drifting up over the last few months, I wouldn't be too surprised if it gets a little bounce here.
If we get a reversal off of support and Schlumberger Limited starts moving up, it can probably get to $56.92 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HAL | Halliburton Company | 2.12 | -3.59 | -11.79 | -16.75 | -9.58 | 25.92 | 56.78 | 36 | 66.53 | 74.94 | 138.99 | -2833.73 | -27060.38 | 0 | 0 | 1.77112 |
| XOM | Exxon Mobil Corporation | 1.64 | -2.08 | -6.26 | -11.26 | -15.59 | 17.38 | 21.75 | 31 | 8.86 | 22.00 | 56.69 | -5398.22 | -19645.24 | 0 | 0 | 2.9351 |
| CVX | Chevron Corporation | 1.59 | -2.22 | -7.26 | -9.10 | -15.36 | 16.12 | 17.17 | 41 | 5.82 | 15.57 | 28.13 | -4265.08 | -18898.82 | 0 | 0 | 1.33585 |
| NBR | Nabors Industries Ltd. | 1.52 | -2.34 | -14.34 | -16.74 | -0.49 | 71.38 | 157.80 | 53 | 123.84 | 150.41 | 314.15 | -408.82 | -35509.75 | 0 | 0 | 5.60454 |
| BKR | Baker Hughes Company | 1.49 | -2.76 | -7.49 | -11.23 | -6.72 | 28.97 | 49.85 | 40 | 57.55 | 45.10 | 104.00 | -2754.82 | 170.73 | 0 | 0 | 1.89763 |
| WHD | Cactus, Inc. | 1.47 | -3.61 | -7.46 | -11.93 | 12.30 | 23.06 | 20.22 | 49 | 41.49 | 60.30 | 47.71 | -1158.25 | -13420.42 | 0 | 0 | 3.30582 |
| OIS | OIL STATES INTERNATIONAL, | 1.42 | -1.24 | -6.47 | -10.47 | -33.69 | 16.57 | 41.46 | 46 | 4.88 | 7.60 | 20.42 | -10129.49 | 0.79 | 0 | 0 | 2.32678 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
