Is SLB technically bullish or bearish?

Jun 25 2025 08:24 AM IST
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As of June 10, 2025, SLB's trend is mildly bearish, with mixed signals from indicators like the weekly MACD being mildly bullish while the monthly MACD remains bearish, suggesting a cautious approach due to prevailing bearish indicators.
As of 10 June 2025, the technical trend for SLB has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a mildly bullish position, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly. Moving averages are bearish on the daily, and both KST and OBV are bearish on the monthly. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the mixed signals suggest a cautious approach, with the bearish indicators outweighing the bullish ones.
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