Schlumberger's most recent trend suggests a bullish bias. One trading opportunity on Schlumberger is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 16.82% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Schlumberger is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Schlumberger is bullish.
The RSI indicator is at 51.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Schlumberger
Schlumberger’s International Success Shows Why Better Days Are Ahead
Sun, 19 Jan 2014 07:26:26 GMT
Motley Fool – The company looks cheap from an investor’s perspective, given the success it tasted last year.
Schlumberger: Intrinsic Value Of $55 Per Share, 40% Downside Potential
Sun, 19 Jan 2014 05:10:05 GMT
Seeking Alpha – I haven't presented myself as a big fan of Schlumberger ( SLB ) in the past. In my last article ‘Schlumberger notably overvalued: Dividends and cash flow too low to compensate for risk' I wrote that the …
Drilling Into Schlumberger's Fourth Quarter
Sat, 18 Jan 2014 21:46:07 GMT
Motley Fool – Though North American pricing headwinds are likely to persist, Schlumberger’s deepwater and international businesses should continue to perform well.
Stocks End Mostly Lower After Mixed Data and Earnings
Fri, 17 Jan 2014 22:00:00 GMT
Morningstar – U.S. Market Stocks were mostly lower today as the market focused on earnings and data reports. Housing starts fell 9.8% in December from the previous month to 999,000. This was well above the 975,000 …
6:08 am Schlumberger beats by $0.02, reports revs in-line
Fri, 17 Jan 2014 21:46:08 GMT
Briefing.com – 6:08 am Schlumberger beats by $0.02, reports revs in-line
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