SEADRILL LIMITED (SDRL) Stock Technical Analysis
USA - NYSE:SDRL - BMG7997W1029 - Common Stock
32.78 USD
-0.88 (-2.61%)
32.78 USD
0 (0%)
We assign a technical rating of 7 out of 10 to SDRL. Although SDRL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
75% of all other stocks performed better in the past year than SDRL.
The long and short term trends are both positive. This is looking good!
In the last month SDRL has a been trading in the 28.40 - 34.27 range, which is quite wide. It is currently trading near the high of this range.
SDRL is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, SDRL did better than 55% of them.
SDRL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SDRL is lagging the market.
Although SDRL has an excellent technical rating, the quality of the presented setup is not ideal 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
29.63
33.12
3 important support areas can be observed.
- A support zone ranging from 32.60 to 32.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.42 to 31.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.93 to 30.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @32.79 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for SDRL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDRL is up. |
| ChartMill Relative Strength | 25.67 | NEGATIVE | SDRL has a low relative strength, it was outperformed by 74.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDRL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SDRL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SDRL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.43 | NEUTRAL | The RSI value for SDRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SDRL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.48 | NEUTRAL | The Stochastics value for SDRL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SDRL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for SDRL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
32.78
-0.88 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.61%
1 Week0.06%
2 Weeks3.41%
1 Month13%
3 Month12.41%
6 Month32.82%
12 Month-15.93%
2 Year-26.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.53%
ATR Inc33.71%
Range Today1.58
ADR(20)1.16
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.67
Mansfield-0.56
10 Day High34.27
10 Day Low31.01
20 Day High34.27
20 Day Low28.4
52 Week High42.41
52 Week Low17.74
CS1 End32.62
CR1 Start32.79
Volume & EV
DER(3)1.06%
DER(5)1.75%
Volume632.00K
Volume Incr-11.38%
Vol(5)716.36K
Vol(50)809.46K