See how the Rounding Bottom is playing out for SLB. View live chart.
Gradual reversal from bearish to bullish.
Technical analysis of Schlumberger (SLB) reveals a significant setup. The stock is trading at $52.42, up 11.01% on the day. Our AI has detected a valid Rounding Bottom pattern. Volume is strong (2.09x avg) with high trend strength (60.4). A potential breakout level is identified at $56.87, targeting $69.15 with support near $50.73 (R:R 2.0).
What is your outlook on SLB?