Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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SLB · SLB Limited

$53.08 +0.04% Oct 26 close
Detected setup Pocket Pivot · Setup Score 55/100

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

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$SLB

SLB Limited

SLB Limited is a large-cap Contract Drilling company in the Industrial Services sector with a market cap of $79B.

Industrial Services Contract Drilling stock Stage 2 · Advancing Base 3+
$53.08 latest close
Market Structure
Trend structure: downtrend
Latest event: bos (bearish)
Support 48.73–48.84 · 4 touches · moderate
Support 37.31–37.53 · 3 touches · moderate
Support 52.33–52.45 · 3 touches · moderate
Resistance 53.75–53.99 · 3 touches · moderate
Resistance 54.45–54.80 · 3 touches · moderate
Verdict · setup score 55/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$50.00$55.00$60.00AugSepOct$53.08

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 68
  • Minervini 2. Quarterly EPS growth ≥ 25% — +5.8% QoQ
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — +5.8% QoQ
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 68
  • Weinstein Volume expansion above average — Volume ratio 0.99x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 8/12 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
58 Neutral
Legend Score · rates the stock Neutral (58/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 68
  • Trend Template (25%) 88
  • Institutional Footprint (20%) 42
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 44

RS rank 68: above-average strength. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 42: neutral — no clear institutional conviction. EPS up +0% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.

Earnings

Post-earnings setup

Next earnings Friday, October 23, 2026 Before market open Exact clock time not supplied by source

Deterministic evidence

Reported EPS 0.64 vs estimate 0.6216 · surprise +3.0%

SLB+7.08%
Sector proxy · XLE+2.60%
Broad market · SPY-0.52%
Same completed session window ending 2026-10-23. SLB was +4.48 points vs XLE. +7.60 points vs SPY.
CatalystPositive Stock reactionPositive Sector reactionSupportive Opening surgeNo surge Event riskEarnings-driven

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+7.08% From the open+6.44% Range position90% GapNo gap
QQQ confirmationNeutral (-0.01%) SMH confirmationConfirming (+0.74%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $53.08 +0.0% Oct 26 close
52W High $60.46 12.2% below high
Wks Since High 7w
Base Depth 22.0%
RS Rank 31 percentile of scan
SMA 50 $52.46
Avg Vol 12,883,714
Rel Vol (Oct 26) 0.99× 0.99× on up days
More stats
52W Low $34.65
Tight Wks 1
Base B3
SMA 200 $51.30
RS Line vs High -17.8%
RS Line Slope +6.3% ▲
Group Rank #34/66
ADR% 3.0%
ATR(14) $1.58 (3.0%)
Vol Pace (live) N/A
A/D Days 9A / 16D
A/D Rating E
VDU Bars 0/10 d
Earnings past
Position in 52-week range 71stpercentile of the 52-week range
$34.65low
$60.46high

SLB Chart

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Technical Analysis Report Card

$SLB · $53.08 · as of 2026-10-26 · multi-factor read
82
/ 100
Technicals 82/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▲ Uptrend
Monthly ▬ Sideways / consolidating

Moving Averages

50-day$52.46 ↑
100-day$51.19 ↑
200-day$51.30 ↑
Bullish (50 > 200)

RSI (14)

Reading60.3 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateImproving
Histogram+0.605

Improving — MACD crossed above its signal line but still below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width112% · 11.3%

Riding the upper band — strong momentum, but stretched.

Volume · Buyer vs Seller

Up/Down vol0.99 · Neutral
Rel volume0.99×
Pocket pivots · 10d1
5d vs 50d vol112%
Heavy vol up / down1 / 1

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

  • Pocket pivot 1 session ago — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume up day vs 1 down in the last 20 sessions.

Support & Resistance

R · $53.48swing level
R · $57.20swing level
R · $58.12swing level
Price · $53.08now
S · $52.73swing level
S · $51.98swing level
S · $50.50swing level

Fibonacci · Uptrend swing

23.6%$56.71
38.2%$54.40
50.0% ◄ price here$52.53
61.8%$50.65
78.6%$47.99

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Weekly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice? Ask a Legend about SLB
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch C Trend-template read: 8/12 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $53.08, MA150 $52.17, MA200 $51.30
1.2 150-day MA > 200-day MAMA150 $52.17 vs MA200 $51.30
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 68
2. Quarterly EPS growth ≥ 25%+5.8% QoQ
8/12 checks
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

partialRule check says AVOID (2/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high12.2% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 2.97%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+5.8% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 68
2/8 checks
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $53.08 vs MA200 $51.30
Failing evidence
Volume expansion above averageVolume ratio 0.99x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $47.17
Volatility-unit sizing (1N ≈ 1% of equity)1N = $1.65 (3.12% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $61.04-$63.70; trail the rest
Failing evidence
Named Zanger pattern onlyPocket Pivot is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
4/6 checks
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 22.6x — no PEG or forward P/E stored
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)+5.8% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
3/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$53.08
Distance from 52-week high12.2% below high
Failing evidence
Relative strengthRS 68
Volume vs average0.99x
3/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but relative strength is unresolved.

partialConsolidating within the box (12.2% from 52W high) — patience until it approaches the prior high.

Passing evidence
Price$53.08
Distance from 52-week high12.2% below high
Failing evidence
Relative strengthRS 68
Volume vs average0.99x
3/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$53.08
Distance from 52-week high12.2% below high
Failing evidence
Relative strengthRS 68
Volume vs average0.99x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
131RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +2 E
A: 15 D: 13 Net: +265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ +6%
✗ Revenue growth ≥20% YoY -2%
✗ Gross margin ≥30% 17%
✗ ROE ≥17% 12%
✗ RS rating ≥80 (leadership) 68
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -12.2%

Method Playbook

Trade it like Zweig EXACT LEVELS · PRO
Zweig D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the stock's recent consolidation high — Zweig buys strength in screened growers, not breakdowns.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy only when the growth screen passes: EPS growth above the market, PEG ≤ 1.5 (reasonable for the growth), insider buying, and RS leadership.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Define the loss before entry — Zweig's risk rule. Sell when the growth story breaks: earnings decelerate or the valuation stretches past reason.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold winners as long as earnings keep growing and the price holds its trend; sell half on a climax run.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when EPS growth falls below the market, the PEG stretches past reason, insiders stop buying — or the Super Model flips the market to defensive.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Pocket Pivot ⚠ 3rd-stage base ⚠ Not actionable yet
55 setup score
RS Score 68
Trend template 7/8
CANSLIM 62.8* (C)
volume ratio: 1.27 near moving avg: ✓ upper close: ✓ shooting star: ✗ price past buy range: ✗ vol beats down: ✓ bars since signal: 1 signal close: 53.06 validation reason: valid pocket-pivot multi tf evaluated: ✓ multi tf reason: weekly trend template 7/8 confirmed + no fresh 13-week low
Why This Setup? D+W Confluence
Pocket Pivot · schematic

Up vol 19,058,397 vs max down vol 15,006,612 (near MA), upper_close=yes, bars_ago=1 | Strong trend (7/8) | Good RS (68) | High-confidence pattern (75%) | Stage 2 | Readiness 58/100 (early) | CANSLIM 62.8 (C) | ⚠ 3rd-stage base; Not actionable yet

Falling Wedge ⚠ Extended past buy zone ⚠ 3rd-stage base ⚠ Not actionable yet
55 setup score
RS Score 68
Trend template 7/8
CANSLIM 60.6* (C)
upper slope: -0.4009 lower slope: -0.1907 depth: 0.0 narrowing ratio: -0.062 prior decline: 0.179 upper touches: 3 lower touches: 3 vol declining: ✗ validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly trend template 7/8 confirmed
Why This Setup? D+W Confluence
Falling Wedge · schematic

prior_decline=17.9%, converging=yes, narrowing=-6%, touches=upper:3/lower:3, near_upper=yes | Strong trend (7/8) | Good RS (68) | High-confidence pattern (70%) | Stage 2 | Readiness 47/100 (early) | CANSLIM 60.6 (C) | ⚠ Extended past buy zone; 3rd-stage base; Not actionable yet

Cup (no handle) ⚠ 3rd-stage base ⚠ Not actionable yet
55 setup score
RS Score 68
Trend template 7/8
CANSLIM 60.2* (C)
22.3% cup depth
  • Cup 22.3% deep from a $57.38 left rim to a $44.59 low
  • Rims 5.4% apart (ideal, within 10%)
  • Rounded U-shaped bottom (no V)
  • Pivot $60.46 fixed at the higher lip (left-side high)
  • No close above the pivot yet
  • Breakout-day volume 1.0x the 50-day average
  • Volume dried up in the base
  • Prior advance into the rim: 65.6%
Raw detector evidence · confidence is a heuristic match score, not a probability depth=22.3%, lips_diff=5.4%, u_shape=yes, near_pivot=no, breakout_vol=1.0x, orderly=yes | Strong trend (7/8) | Good RS (68) | Moderate pattern (63%) | Stage 2 | Readiness 45/100 (early) | CANSLIM 60.2 (C) | ⚠ 3rd-stage base; Not actionable yet setup_key=cup_no_handle|2026-07-02|2026-08-31|60.46 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 99, "bars_ago": 80, "date": "2026-07-02", "price": 44.59}, "breakout": null, "left_lip": {"bar": 57, "bars_ago": 122, "date": "2026-05-01", "price": 57.3755}, "right_lip": {"bar": 140, "bars_ago": 39, "date": "2026-08-31", "price": 60.46}}
Why This Setup? D+W Confluence
cup handle Cup (no handle) · schematic

depth=22.3%, lips_diff=5.4%, u_shape=yes, near_pivot=no, breakout_vol=1.0x, orderly=yes | Strong trend (7/8) | Good RS (68) | Moderate pattern (63%) | Stage 2 | Readiness 45/100 (early) | CANSLIM 60.2 (C) | ⚠ 3rd-stage base; Not actionable yet

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

3/7 universals met
  • A relative-strength leader — not met RS rank 31 — laggard
  • Clear of earnings — not met in -4 days — event risk
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.0× average — light
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 7/8
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

7/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $53.08 vs SMA150 $52.17 / SMA200 $51.30
SMA 150 above SMA 200 SMA150 $52.17 vs SMA200 $51.30
SMA 200 trending up Slope +1.00 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $52.46
Price above SMA 50 $53.08 vs SMA50 $52.46
30%+ above 52-week low +53.2% from $34.65
Within 25% of 52-week high -12.2% from $60.46
RS score above 70 RS 68

Fundamentals

52W Range
71%
Mkt Cap SEC
78.8B
EPS QoQ
+6%
Rev YoY
-2%
ROE
12%
Gross Margin
17%
D/E
0.45
EPS TTM
$2.35
P/E TTM
22.6x
Float
1.5B
Insider
No Buy

Company

Company profile
SLB Limited
SLB · NYSE · Industrial Services · Contract Drilling
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
C 62.8* CANSLIM * disqualified on C, M
C · Curr. EPS
64
A · Annual EPS
62
N · New Highs
40
S · Supply/Demand
80
L · Leader RS
68
I · Inst. Spons.
96
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
7/8
W. RS
66
W. Support
$44.59
W. Resist
$60.46
W. Patterns
Cup & Handle
Weekly Structure

Scan History

9× streak
Sep 22: 0 (watchlist_candidate)Oct 23: 44 (Falling Wedge)Oct 23: 44 (Falling Wedge)Oct 26: 73 (Pocket Pivot)Oct 27: 55 (Pocket Pivot)55
Oct 27
Pocket Pivot ✓ Gate
55
Oct 26
Pocket Pivot ✓ Gate
73 0.0%
Oct 23
Falling Wedge
44 0.0%
Oct 23
Falling Wedge
44 0.0%
Sep 22
watchlist_candidate
0 +1.8%

Latest News

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