Schlumberger's most recent trend suggests a bearish bias. One trading opportunity on Schlumberger is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 8.46% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Schlumberger is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Schlumberger is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Schlumberger
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Tue, 04 Feb 2014 19:54:16 GMT
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Tue, 04 Feb 2014 17:44:00 GMT
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Schlumberger Introduces New Microseismic Surface Acquisition System
Tue, 04 Feb 2014 15:34:03 GMT
noodls – MS Recon raises standard for high-fidelity microseismic signal recording THE WOODLANDS, February 4, 2014-Schlumberger announced today the introduction of the MS Recon* high-fidelity microseismic surface …
Schlumberger Still at Neutral
Mon, 03 Feb 2014 20:20:04 GMT
Zacks – We maintained our Neutral recommendation on Schlumberger Ltd on Jan 27, 2014.
Oil: Are you being served?
Mon, 03 Feb 2014 18:16:28 GMT
Financial Times – There is no pleasing oil investors. They demand oil production growth but then also want better returns on capital. So are executives supposed to spend money or save it? The major international oil companies …
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