Schlumberger (SLB) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SLB · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$50.81last close · Aug 4, 202652-week range $31.64 – $58.82 · 13.62% below the high

SLB Triangle Pattern

SLB is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $51.20 (−8.6%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; SLB's own triangles have hit 58.6%.

DirectionBearishTarget$51.20Projected move−8.6%Breakout level$55.83

New to this pattern? What a triangle is and how to trade it →

SLB's Most Recent Triangle Trade

SLB's most recent completed triangle resolved as a win: it broke down on Jun 15, 2026 near $55.37, then reached its target at $51.20 on Jun 17, 2026 — a +1.52R move (7.5%) over 2 sessions. Across 182 backtested triangles, this setup wins 54.4% of the time.

OutcomeWinResult+1.52REntry$55.37Exit$51.20

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
SLB win rate
58.6%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

SLB Pattern Trade History

Every completed pattern trade our nightly backtest found on SLB's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 15, 2026 @ $55.37Jun 17, 2026 @ $51.20Win+1.52R
Rising WedgeMay 28, 2026 @ $55.06Jun 18, 2026 @ $49.43Win+1.49R
Rising WedgeMay 7, 2026 @ $54.11May 20, 2026 @ $57.28Loss-1.03R
TriangleApr 21, 2026 @ $53.18Jun 17, 2026 @ $50.33Loss-1.07R
Bullish PennantApr 17, 2026 @ $53.41May 27, 2026 @ $56.50Win+1.07R
Falling WedgeAug 20, 2025 @ $33.61Oct 10, 2025 @ $31.72Loss-1.51R
TriangleJul 8, 2025 @ $36.50Aug 4, 2025 @ $32.88Loss-1.05R
Falling WedgeMar 17, 2025 @ $41.37Apr 4, 2025 @ $34.78Loss-2.06R
Bullish PennantMar 10, 2025 @ $42.14Apr 4, 2025 @ $34.78Loss-1.85R
TriangleSep 30, 2024 @ $42.44Oct 29, 2024 @ $40.43Loss-1.06R
Falling WedgeSep 5, 2024 @ $41.07Apr 4, 2025 @ $34.95Win+1.20R
TriangleJul 15, 2024 @ $46.94Aug 5, 2024 @ $43.77Loss-1.46R

SLB Support and Resistance Levels

Price found a floor near $45.04 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $55.48 — still about 9% away.

  • Traders commonly watch $55.48 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $45.04 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $46.64, resistance near $54.47. These are chart/swing-derived levels, not formula pivots.

Resistance
$54.47$56.37$58.26$58.42$58.61
Support
$46.64$45.01$44.59$32.67$32.08$31.55$31.19

SLB Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$48.82$50.92$48.82$50.81
Aug 3, 2026$49.02$49.75$48.30$49.31
Jul 31, 2026$49.44$49.95$48.37$49.59
Jul 30, 2026$49.26$49.71$48.38$48.91
Jul 29, 2026$50.78$51.32$48.96$48.96
Jul 28, 2026$51.63$51.95$49.88$49.98
Jul 27, 2026$52.30$53.20$51.43$51.53
Jul 24, 2026$50.07$52.59$49.74$52.42
Jul 23, 2026$48.05$48.63$47.15$47.22
Jul 22, 2026$47.15$47.87$47.15$47.67

SLB Frequently Asked Questions

What chart pattern is SLB forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Schlumberger (SLB) on the daily chart, with a measured-move target of $51.20.
Is a triangle bullish or bearish?
The triangle detected on SLB is a bearish pattern, projecting a measured-move target of $51.20. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for SLB?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), SLB's nearest support is around $46.64 and nearest resistance around $54.47.
What is the price target if SLB's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $51.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SLB's closing price on Aug 4, 2026?
Schlumberger (SLB) last closed at $50.81 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.