SEADRILL LIMITED (SDRL) Stock Technical Analysis
USA - NYSE:SDRL - BMG7997W1029 - Common Stock
30.97 USD
-0.91 (-2.85%)
30.97 USD
0 (0%)
We assign a technical rating of 4 out of 10 to SDRL. In the last year, SDRL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
78% of all other stocks performed better in the past year than SDRL.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SDRL is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, SDRL did better than 50% 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.
In the last month SDRL has a been trading in the 29.56 - 34.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SDRL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 31.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.91
34.38
When analyzing the support we notice one important area.
- A support zone ranging from 30.21 to 30.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.01 to 31.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.94 to 32.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.79 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 33.59 to 34.04. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for SDRL is neutral. |
| ChartMill Relative Strength | 22.75 | NEGATIVE | SDRL has a low relative strength, it was outperformed by 77.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDRL is below a declining 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) | 51.98 | NEUTRAL | The RSI value for SDRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SDRL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.86 | NEUTRAL | The Stochastics value for SDRL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SDRL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for SDRL suggests a weak or negative 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)
30.97
-0.91 (-2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.85%
1 Week5.53%
2 Weeks0.54%
1 Month-0.09%
3 Month4.52%
6 Month60.52%
12 Month-16.87%
2 Year-19.33%
3 Year1.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%3.98%
ATR Inc-25.77%
Range Today1.54
ADR(20)1.21
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.75
Mansfield-0.67
10 Day High32.77
10 Day Low29.56
20 Day High34.68
20 Day Low29.56
52 Week High42.36
52 Week Low17.74
CS1 End31.41
CR1 Start31.94
Volume & EV
DER(3)2.96%
DER(5)2.99%
Volume889.82K
Volume Incr5.83%
Vol(5)886.38K
Vol(50)845.34K