Is SLB technically bullish or bearish?

Sep 22 2025 06:05 PM IST
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As of September 19, 2025, SLB's technical trend has shifted to bearish, with weak strength indicated by moving averages and bearish signals from Bollinger Bands and monthly MACD, while underperforming the S&P 500 with a year-to-date return of -10.20% compared to the index's 13.31%.
As of 19 September 2025, the technical trend for SLB has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and the bearish signals from both the Bollinger Bands and the monthly MACD. The weekly MACD and KST show mildly bullish signals, but these are outweighed by the overall bearish indicators.

In terms of performance, SLB has underperformed the S&P 500 across multiple periods, with a year-to-date return of -10.20% compared to the S&P 500's 13.31%, and a one-year return of -19.46% versus 16.64% for the index.
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