Schlumberger facing potential resistance ahead of earnings
Oil service provider Schlumberger (NYSE: SLB) is scheduled to release its second-quarter earnings results on July 19 and analysts expect the company to report earnings of $0.35 per share. The company earned $0.43 in the second quarter of 2018, meaning analysts expect an 18.6% decline in earnings on a year over year basis.
Schlumberger has been struggling for the last few years and the EPS have declined by an average of 3% per year over the last three years. Earnings were down by 21% in the first quarter compared to the first quarter of 2018.
In addition to the poor earnings results, the company’s management efficiency measurements are subpar. The ROE is 6.2% and the profit margin is 8.4%. Both of those figures are below average.
If the fundamentals weren’t enough, the technical picture is also pointing toward a rough period for Schlumberger. Looking at the weekly chart we see that the stock has been trending lower for the last year and a half and a trend line has formed that connects the highs from that period. The stock is closing in on the trend line now, but it is overbought on the daily chart.
In addition to the possible resistance looming just overhead, the Tickeron Trend Prediction Engine generated a bearish signal for Schlumberger on July 11. The signal shows a confidence level of 70% and it calls for a drop of at least 4% within the next month. Past predictions on Schlumberger have been successful 76% of the time.
SLB's RSI Oscillator ascending out of oversold territory
The RSI Oscillator for SLB moved out of oversold territory on July 07, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 09, 2026. You may want to consider a long position or call options on SLB as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SLB just turned positive on July 09, 2026. Looking at past instances where SLB's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SLB advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
SLB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where SLB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
SLB moved below its 50-day moving average on June 15, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SLB crossed bearishly below the 50-day moving average on June 18, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SLB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SLB entered a downward trend on July 14, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.684) is normal, around the industry mean (3.639). P/E Ratio (20.700) is within average values for comparable stocks, (82.042). Projected Growth (PEG Ratio) (1.615) is also within normal values, averaging (1.667). Dividend Yield (0.025) settles around the average of (0.018) among similar stocks. P/S Ratio (1.923) is also within normal values, averaging (2.220).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SLB’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.
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General Information
a provider of oilfield services such as distributing oil and gas information technologies and providing consulting services
Industry OilfieldServicesEquipment
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