SCHLUMBERGER - 1H - Technical analysis published on 10/05/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
SCHLUMBERGER Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 39.98 EUR
My targets
41.90 EUR (+2.70%)
44.45 EUR (+8.95%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SCHLUMBERGER as long as the price remains well above 39.98 EUR. The buyers' bullish objective is set at 41.90 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 44.45 EUR. If there is any crossing, the next objective would be the resistance located at 45.95 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by Londinia.
Additional analysis
Quotes
The SCHLUMBERGER rating is 40.80 EUR. The price registered an increase of +3.16% on the session and was traded between 38.60 EUR and 41.55 EUR over the period. The price is currently at +5.70% from its lowest and -1.81% from its highest.38.60
41.55
40.80
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SCHLUMBERGER:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SCHLUMBERGER in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.88 | 39.98 | 40.65 | 40.80 | 41.90 | 44.45 | 45.95 |
| Change (%) | -7.16% | -2.01% | -0.37% | - | +2.70% | +8.95% | +12.62% |
| Change | -2.92 | -0.82 | -0.15 | - | +1.10 | +3.65 | +5.15 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.93 | 38.42 | 38.98 | 39.47 | 40.03 | 40.52 | 41.08 |
| Camarilla | 39.26 | 39.36 | 39.45 | 39.55 | 39.65 | 39.74 | 39.84 |
| Woodie | 37.98 | 38.44 | 39.03 | 39.49 | 40.08 | 40.54 | 41.13 |
| Fibonacci | 38.42 | 38.82 | 39.07 | 39.47 | 39.87 | 40.12 | 40.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.77 | 34.48 | 35.87 | 36.58 | 37.97 | 38.68 | 40.07 |
| Camarilla | 36.67 | 36.87 | 37.06 | 37.25 | 37.44 | 37.64 | 37.83 |
| Woodie | 34.10 | 34.65 | 36.20 | 36.75 | 38.30 | 38.85 | 40.40 |
| Fibonacci | 34.48 | 35.29 | 35.78 | 36.58 | 37.39 | 37.88 | 38.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.30 | 32.25 | 34.75 | 37.70 | 40.20 | 43.15 | 45.65 |
| Camarilla | 35.75 | 36.25 | 36.75 | 37.25 | 37.75 | 38.25 | 38.75 |
| Woodie | 29.08 | 32.14 | 34.53 | 37.59 | 39.98 | 43.04 | 45.43 |
| Fibonacci | 32.25 | 34.33 | 35.62 | 37.70 | 39.78 | 41.07 | 43.15 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.83 | |
| MACD (12,26,9): | 0.6700 | |
| Directional Movement: | 33.62 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 40.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.66 | |
| Elder Ray (13): | 1.17 | |
| Super Trend (3,10): | 38.77 | |
| Zig ZAG (10): | 41.15 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 75.73 | |
| TEMA (21): | 40.32 | |
| Williams %R (14): | -25.42 | |
| Chande Momentum Oscillator (20): | 1.50 | |
| Repulse (5,40,3): | 7.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2400 | |
| Courbe Coppock: | 4.48 |
| MA7: | 37.71 | |
| MA20: | 38.24 | |
| MA50: | 37.26 | |
| MA100: | 37.37 | |
| MAexp7: | 40.09 | |
| MAexp20: | 39.30 | |
| MAexp50: | 38.32 | |
| MAexp100: | 37.98 | |
| Price / MA7: | +8.19% | |
| Price / MA20: | +6.69% | |
| Price / MA50: | +9.50% | |
| Price / MA100: | +9.18% | |
| Price / MAexp7: | +1.77% | |
| Price / MAexp20: | +3.82% | |
| Price / MAexp50: | +6.47% | |
| Price / MAexp100: | +7.42% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on SCHLUMBERGER at the time of the generation of this analysis was as follows:
- 3D at Depth Announces Strategic Collaboration with Schlumberger
-
Jim Cramer Talks General Electric, Honeywell, Schlumberger, and more (Investing Advice)
- EVTN Completes Purchase Agreement With Schlumberger
- Block Energy Plc - Schlumberger licences and Technical Manager Recruit
-
Sound Energy ties up with Schlumberger for Morocco projects
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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