Is SLB technically bullish or bearish?

As of 3 October 2025, the technical trend for SLB has changed from mildly bearish to bearish. The current stance is bearish, driven by the daily moving averages indicating a bearish trend and both the weekly and monthly Bollinger Bands also signaling bearish conditions. The MACD shows a mildly bullish signal on the weekly timeframe but is bearish on the monthly, while the KST reflects a similar pattern with a mildly bullish weekly signal and bearish monthly. The Dow Theory indicates a mildly bearish trend on the weekly timeframe with no trend on the monthly.
In terms of performance, SLB has underperformed the S&P 500 across multiple periods, with a year-to-date return of -10.64% compared to the S&P 500's 14.18%, and a one-year return of -23.68% against the S&P 500's 17.82%.