What chart pattern is ChartPattern.io tracking on Schlumberger?
ChartPattern.io is currently tracking Diamond on Schlumberger in the Energy stock. Secondary context includes Bullish Flag and Rounding Bottom.
Live Energy stock scanner page for Schlumberger. Review the diamond setup, chart structure, and trade levels in one place.
SLB is showing interesting structural developments at $56.01. Price has moved to $56.01 (-1.82%) amidst recent volatility. Price action has carved out a classic Diamond. This setup is supported by average volume turnover. A potential breakout level is identified at $60.15, targeting $72.25 with support near $54.1 (R:R 2.0).
SLB is part of the Energy stock on ChartPattern.io. The scanner currently highlights Diamond as the leading setup, with an entry near $60.15, a stop around $54.10, and a target near $72.25.
Diamond
38/100 CP Index
Entry $60.15 · Stop $54.10 · Target $72.25
See how the Diamond is playing out for SLB. View live chart.
Indecision. Widening then narrowing range.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
What is your outlook on SLB?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on SLB.
ChartPattern.io is currently tracking Diamond on Schlumberger in the Energy stock. Secondary context includes Bullish Flag and Rounding Bottom.
The current trade plan points to an entry near $60.15, a stop near $54.10, and a target near $72.25.
Schlumberger currently leans bearish. The page is showing a CP Index of 38/100, which helps summarize the current technical setup.