Is SLB technically bullish or bearish?

As of 21 August 2025, the technical trend for SLB has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD shows a mildly bullish signal, the monthly indicators, including MACD and KST, remain bearish. Additionally, the Bollinger Bands on a monthly basis are bearish, further supporting the bearish sentiment.
In terms of performance, SLB has underperformed the S&P 500 across multiple periods, with a year-to-date return of -9.39% compared to the S&P 500's 12.22%, and a one-year return of -16.13% versus 17.14% for the index.