Schlumberger stock price forecast: Volatility likely as SLB gains 3.60% toward $48 resistance

NodeGuardian · 2026-03-20T17:44:05+00:00

Schlumberger (SLB) rose 3.60% to $46.95 but faces volatility and resistance around $48. Long-term support holds, yet short-term selling pressure exists, with the stock expected to trade between $45.00 and $48.50 until a breakout occurs.

NodeGuardian

2026-03-20 17:44:05

Abstract generation in progress

Schlumberger (SLB) gained 3.60% to $46.95, but is expected to face continued volatility and resistance around the $48 mark. While long-term support remains, short- and medium-term selling pressure persists, with technical indicators showing mixed to weak signals. The stock is likely to trade sideways between $45.00 and $48.50 in the near term, with a clear breakout above $48 needed for further upside.

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