SEADRILL PARTNERS LLC (SDLP) Technical Analysis
NYSE:SDLP
Current stock price
SDLP Technical Rating and Analysis
Overall SDLP gets a technical rating of 0 out of 10. SDLP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than SDLP.
- SDLP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SDLP is lagging the market.
- In the last month SDLP has a been trading in the 1.50 - 2.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
SDLP Weekly and Daily overview Charts
SDLP Setup Rating and Analysis
The technical rating of SDLP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SDLP Support and Resistance Analysis
1.50
We found 1 important resistance area.
- A resistance zone ranging from 1.53 to 1.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
SDLP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SDLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDLP is down. |
| ChartMill Relative Strength | 0.46 | NEGATIVE | SDLP has a low relative strength, it was outperformed by 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.93 | OVERSOLD | The low RSI value suggests SDLP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SDLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 4.71 | OVERSOLD | The low Stochastics value suggests SDLP may be oversold. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for SDLP suggests high volalility. |
SDLP Chart- and CandleStick Pattern Analysis
SDLP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SDLP (9/4/2019, 8:04:07 PM)
1.52
+0 (+0.09%)
SEADRILL PARTNERS LLC / SDLP TA FAQ
What is the technical rating for SDLP stock?
ChartMill assigns a technical rating of 0 / 10 to SDLP.
What is the current trend direction of SEADRILL PARTNERS LLC (SDLP) stock?
The current trend direction for SEADRILL PARTNERS LLC (SDLP) is Bearish.
What is the RSI signal for SDLP stock?
SEADRILL PARTNERS LLC (SDLP) has an RSI value of 26.9306. This indicates that the stock is currently oversold.
Can you provide the short term momentum for SEADRILL PARTNERS LLC?
The short term momentum for SEADRILL PARTNERS LLC (SDLP) is negative.
Can you provide the buy/sell signal for SEADRILL PARTNERS LLC?
The buy/sell signal for SEADRILL PARTNERS LLC (SDLP) is sell as both the short term and long term trends are negative.