SLB Crosses Below Key Moving Average Level
In trading on Tuesday, shares of Schlumberger Ltd (Symbol: SLB) crossed below their 200 day moving average of $53.38, changing hands as low as $53.20 per share. Schlumberger Ltd shares are currently trading off about 5.7% on the day. The chart below shows the one year performance of SLB shares, versus its 200 day moving average:
Looking at the chart above, SLB's low point in its 52 week range is $42.73 per share, with $62.78 as the 52 week high point — that compares with a last trade of $53.20. The SLB DMA information above was sourced from TechnicalAnalysisChannel.com
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