Slb NV

SLB remains in a Stage 4 Decline with both long- and medium-term downtrends intact, as price continues to form lower highs and lower lows. Rallies are failing at declining 9- and 21-EMAs, and short-term price is rejecting resistance despite oversold conditions. Medium-term directional bias is bearish, and execution readiness favors selling now on pullbacks into the 9/21 EMA zone for continuation participation.

• ↑High earnings yield and $4 B planned shareholder returns by 2026.
• ↑Digital solutions revenue grew 9% YoY to $640 M in Q1.
• ↓Q1 revenue declined 3% YoY to $8.5 B; international down 5%.