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SLB — 20-Day Breakout with Volume
Status: Invalidated
Scanner score: 45.0/100
Why this was flagged
SLB was identified as a bullish technical setup based on the 20-Day Breakout with Volume pattern. The scanner found a score of 45.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 49.7400 reached or fell below stop loss 50.2843.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
The scanner found SLB using a pattern called a 20-Day Breakout with Volume. This means the price moved above the highest point it reached in the last 20 days. It also noticed that more people are trading the stock than usual. The relative volume is 2.34, which means there is much higher activity than normal. The scanner gave this setup a score of 45 out of 100 based on its rules for price movement and momentum.
What the price plan means
The entry zone is between $52.42 and $52.776. If you use this plan, there are two target prices where the stock might stop moving up: $56.6914 and $58.8272. To manage risk, a stop-loss price of $50.2843 is set. This is a price point used to exit if the stock moves in the opposite direction. The reward-to-risk ratio is 2, which compares the potential gain to the potential loss.
What could make the idea fail
The RSI (Relative Strength Index) is 80.18. RSI is a tool that measures how fast prices are changing. A high number like this can mean the stock is moving very quickly, which sometimes leads to a change in direction.
Important reminder
This information is for educational purposes only and does not represent financial advice.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Positive (High confidence)
SLB reported strong Q2 earnings, beating analyst expectations with an EPS of $0.55 and revenue of $8.97 billion. This marks the company's fourth consecutive quarter of surpassing earnings estimates, supported by international growth and a rebound in North America. Institutional interest is high, with Sei Investments Co. and Cooper Creek Partners Management LLC taking or increasing positions. While the Middle East remains a soft spot, analysts have raised price targets, with Jefferies setting a target of $66. Technical indicators show a 20-day breakout with volume.
Potentially supportive context
- Exceeded Q2 earnings expectations with $0.55 EPS and $8.97 billion in revenue.
- Achieved fourth consecutive quarter of surpassing analyst earnings estimates.
- Increased institutional investment from firms like Sei Investments Co. and Cooper Creek Partners Management LLC.
Risks and caution items
- The Middle East is noted as a soft spot for the company.
- Potential execution risks regarding converting project pipelines into sustained cash generation.
- Some company insiders have sold shares.
Latest reviewed article: Jul 26, 2026 4:10 pm
Recent related articles
Jefferies has increased its price target for SLB (NYSE: SLB) to $66 from $65, maintaining a Buy rating on the shares. This adjustment follows SLB's Q2 report, where the company indicated a broad-based recovery extending into 2027. Analysts noted SLB's increasingly constructive…
SS&C Technologies Holdings Inc. (NASDAQ: SSNC) stock climbed 11.45% following a strong Q2 earnings beat and raised full-year guidance for 2026. The company reported adjusted EPS of $1.76 on about $1.7 billion revenue, exceeding consensus estimates, and secured new deals with Marsh…
SLB (SLB) stock surged 11% after the company reported strong Q2 earnings, beating analyst expectations with $0.55 per share and achieving revenue growth of $8.97 billion. This marks the fourth consecutive quarter SLB has surpassed earnings estimates, driven by broad-based international growth…
Weiss Asset Management LP has disclosed a new position in Halliburton Company, acquiring 538,940 shares valued at approximately $21.0 million during the first quarter. This comes as Halliburton reported better-than-expected Q2 earnings and revenue and secured new international contracts in Iraq and…
Sei Investments Co. significantly increased its stake in SLB Limited, purchasing an additional 243,432 shares in Q1, bringing its total holdings to 997,212 shares valued at $51.2 million. This move comes as SLB reported better-than-expected Q2 earnings with an EPS of $0.55…
Cooper Creek Partners Management LLC has acquired a new stake worth $18.88 million in SLB Limited. Several other institutional investors also adjusted their holdings in SLB, while some company insiders sold shares. SLB recently reported strong Q2 earnings, beating analyst estimates, and…
Patterson-UTI Energy Inc. (PTEN) is trading at $10.20, down 1.35%, with its fundamentals described as healthy and growth potential good, though its valuation is considered fairly valued within its industry. Analysts rate the stock as a "Buy" with a target price of…
Tetra Technologies Inc (TTI) is an energy services and solutions company with a focus on environmentally conscious services, industrial chemicals, and lithium ventures. The stock is currently trading at $8.310, down 2.58%, with analysts giving it a "Buy" rating and a target…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- Current volume is at least 1.25x the 20-day average volume.
- Price closed above the prior 20-day high with above-average volume.