Is Schlumberger Limited Stock (SLB) Overbought or Oversold?
RSI analysis computed from SLB's daily closing prices · Data through August 31, 2026
As of August 31, 2026, SLB’s 14-day RSI is 76.3, above the conventional overbought threshold of 70 — the stock has risen quickly relative to its recent trading range.
RSI-14 Scale
SLB reads 76.3 on the 0–100 scale.
The Supporting Picture
vs 50-Day MA
+19.1%
MA: $50.48
vs 200-Day MA
+39.8%
MA: $43.00
From 52-Wk High
0.0%
High: $60.13
Volume vs 20-Day Avg
+195%
Avg: 7.9M shares
The 50-day average is currently above the 200-day average, which technicians read as a longer-term uptrend backdrop for the RSI reading above.
What's Behind the Reading
August 31, 2026Schlumberger Limited (SLB) is currently exhibiting strong upward momentum, with its RSI-14 reading of 76.30 indicating an overbought posture. This aligns with the stock trading at its 52-week high of $60.13, reflecting significant recent price appreciation. A key driver for this momentum appears to be the company's strategic $4.1 billion acquisition of Kelvion, announced on August 31, 2026, aimed at expanding its data center solutions segment. This move signals a diversification beyond traditional oilfield services into rapidly growing infrastructure markets. Furthermore, SLB's second-quarter 2026 earnings, reported on July 23, 2026, surpassed analyst expectations for both EPS and revenue, driven by robust international growth and margin expansion. Positive sentiment from analysts, who have raised price targets and highlighted the company's broader growth strategy, also contributes to the current elevated momentum. The overall oil and gas sector outlook for August 2026, characterized by discipline under volatility and increased U.S. crude oil production forecasts, provides a supportive backdrop.
Recent Overbought / Oversold Episodes
How SLB behaved the last few times RSI left the neutral band — including its return over the 5 trading days after each episode ended.
| Episode | Period | Next 5 Days |
|---|---|---|
| overbought | August 28, 2026 – August 31, 2026 | Ongoing |
| overbought | February 4, 2026 | +0.4% |
| overbought | January 8, 2026 – January 27, 2026 | -1.8% |
| overbought | January 5, 2026 – January 6, 2026 | +5.2% |
Past behavior does not predict future results — small sample sizes especially.
Frequently Asked Questions
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Methodology
The verdict on this page is mechanical: we compute the 14-day Relative Strength Index with Wilder’s smoothing from SLB’s daily closing prices, and apply the conventional thresholds — above 70 is overbought, below 30 is oversold. Moving averages, the 52-week range, and volume comparisons come from the same price history.
Indicators are recomputed after every market close. The AI commentary adds context from current news via grounded search, but never changes the computed verdict. Note: closes are as-traded; a stock split would distort readings for a few weeks until the window rolls past it.
Not Financial Advice
This page is for education and information only. Indicators are mechanical calculations, AI commentary can contain errors, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a qualified financial advisor. See our full disclaimer.
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