Is SLB technically bullish or bearish?

Oct 28 2025 11:39 AM IST
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As of October 24, 2025, SLB's trend is mildly bearish due to daily moving averages and monthly MACD indicators, despite recent short-term strength, while it has outperformed the S&P 500 recently but underperformed over the longer term, with a five-year return of 132.66% compared to the S&P 500's 95.99%.
As of 24 October 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 monthly MACD showing bearish momentum. The weekly MACD and KST are mildly bullish, suggesting some short-term strength, but overall, the indicators lean towards a bearish outlook.

In terms of performance, SLB has outperformed the S&P 500 over the past week and month, but it has significantly underperformed on a year-to-date, one-year, and three-year basis. The stock's return over the last five years is strong at 132.66%, compared to the S&P 500's 95.99%.
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