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SLB Limited: the signal holds, but momentum is running out

SLB Limited is at week 8 of a long position with signal strength at 33 out of 100 and a negative confirmation week. The model has reached its 2nd management window: for those in the trade, discipline suggests considering a reduction.

In Summary
SLB Limited is at week 8 of a long position entered with reduced sizing. Signal strength has dropped to 33 out of 100, the confirmation week closed bearish, and the model suggests considering an exit. The trade has reached its 2nd statistical management window: for those still holding, the time to act is now.
Open BUY ·8th week from start ·US stocks ·T1
IQS Phase
72
in tension
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#152 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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