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Market Overview
SLB closed at 46.605, down slightly by 0.04% from the previous close, reflecting a minor decline within a 30-day gain of 1.59%. The stock remains in a downtrend, with the 20-day SMA at 46.84 above the 5-day SMA of 46.65, and the 200-day average not provided. The RSI indicates weakening momentum, while support is near 45.7 and resistance around 47.7. No specific upcoming events were noted that might impact price action imminently. Technical indicators suggest continued cautious trading within this range. For information only.
Last Updated 1/15/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.