{"id":63499,"date":"2025-03-05T08:00:56","date_gmt":"2025-03-05T13:00:56","guid":{"rendered":"https:\/\/www.tradestation.com\/insights\/?p=63499"},"modified":"2025-03-05T09:57:41","modified_gmt":"2025-03-05T14:57:41","slug":"chart-of-day-schlumberger-sliding","status":"publish","type":"post","link":"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/","title":{"rendered":"Chart of the Day: Schlumberger Has Been Sliding"},"content":{"rendered":"<p>Schlumberger has been sliding for more than a year, and some traders may see further downside risk.<\/p>\n<p>The first pattern on today\u2019s chart is the series of higher lows between mid-December and early January. The oilfield-services company dipped below &#8230;<\/p>\n<p><em>For more, please\u00a0<a href=\"https:\/\/www.tradingview.com\/chart\/SLB\/a16aq8z7-Schlumberger-Has-Been-Sliding\/\" target=\"_blank\" rel=\"noreferrer noopener\">click\u00a0here<\/a>\u00a0to view the related idea and chart analysis on\u00a0<a href=\"https:\/\/www.tradestation.com\/promo\/cash-reward-tv\/\" target=\"_blank\" rel=\"noreferrer noopener\">TradingView<\/a>.<\/em><\/p>\n<div id=\"attachment_63501\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-63501\" class=\"wp-image-63501 size-large\" src=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-1024x474.png\" alt=\"\" width=\"1024\" height=\"474\" srcset=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-1024x474.png 1024w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-300x139.png 300w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-768x355.png 768w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-1536x711.png 1536w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ-1080x500.png 1080w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SLB_20250305_TV_gAMupcEJ.png 1835w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-63501\" class=\"wp-caption-text\"><em>Schlumberger (SLB), daily chart, with selected patterns and indicators, courtesy of TradingView.<\/em><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Schlumberger has been sliding for more than a year, and some traders may see further downside risk. The first pattern on today\u2019s chart is the series of higher lows between mid-December and early January. The oilfield-services company dipped below &#8230; For more, please\u00a0click\u00a0here\u00a0to view the related idea and chart analysis on\u00a0TradingView.<\/p>\n","protected":false},"author":39,"featured_media":63503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[27,13,38],"tags":[691],"class_list":["post-63499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-stocks","category-technical-analysis","tag-slb","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chart of the Day: Schlumberger Has Been Sliding | Market Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart of the Day: Schlumberger Has Been Sliding | Market Insights\" \/>\n<meta property=\"og:description\" content=\"Schlumberger has been sliding for more than a year, and some traders may see further downside risk. The first pattern on today\u2019s chart is the series of higher lows between mid-December and early January. The oilfield-services company dipped below &#8230; For more, please\u00a0click\u00a0here\u00a0to view the related idea and chart analysis on\u00a0TradingView.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeStation\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-05T13:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-05T14:57:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/oil-AdobeStock_1023537928-btt.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Russell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:site\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Russell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/\",\"url\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/\",\"name\":\"Chart of the Day: Schlumberger Has Been Sliding | Market Insights\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/oil-AdobeStock_1023537928-btt.jpg\",\"datePublished\":\"2025-03-05T13:00:56+00:00\",\"dateModified\":\"2025-03-05T14:57:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/#primaryimage\",\"url\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/oil-AdobeStock_1023537928-btt.jpg\",\"contentUrl\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/oil-AdobeStock_1023537928-btt.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/05\/chart-of-day-schlumberger-sliding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tradestation.com\/insights\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chart of the Day: Schlumberger Has Been Sliding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\",\"url\":\"https:\/\/www.tradestation.com\/insights\/\",\"name\":\"Market Insights\",\"description\":\"Fresh market commentary and actionable trade ideas.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tradestation.com\/insights\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\",\"name\":\"David Russell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"caption\":\"David Russell\"},\"description\":\"David Russell is Global Head of Market Strategy at TradeStation. 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