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Schlumberger Ltd Down 11.9% Since SmarTrend Downtrend Call (SLB)

Jul 22, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Schlumberger Ltd (NYSE:SLB) on June 18th, 2021 at $31.69. In approximately 1 month, Schlumberger Ltd has returned 11.88% as of today's recent price of $27.92.

Over the past year, Schlumberger Ltd has traded in a range of $11.87 to $41.14 and is now at $27.92, 135% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 0.7%.

Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management, and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Schlumberger Ltd.

Log in and add Schlumberger Ltd (SLB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

comtex tracking

COMTEX_390254077/2476/2021-07-22T13:59:39

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