SEADRILL LIMITED (SDRL)

BMG7997W1029 - Common Stock

49.6  +0.68 (+1.39%)

Technical Rating and Analysis

8

Taking everything into account, SDRL scores 8 out of 10 in our technical rating. In the last year, SDRL was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SDRL has a been trading in the 48.78 - 53.58 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SDRL did better than 87% of all other stocks.
SDRL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SDRL is performing more or less in line with the market.
SDRL is an average performer in the Energy Equipment & Services industry, it outperforms 68% of 65 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SDRL Weekly chart
SDRL Daily chart
Setup Rating and Analysis

3

Although SDRL has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

41.37

53.88

We found 4 important support areas.

  • Support @48.91 from a horizontal line in the daily time frame.
  • Support @44.50 from a trend line in the weekly time frame.
  • Support @42.49 from a horizontal line in the weekly time frame.
  • Support @41.79 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 53.17 to 53.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.32
Mansfield0.19
10 Day High53.58
10 Day Low48.87
20 Day High53.58
20 Day Low48.78
52 Week High53.58
52 Week Low34.18
Performance
1 Week-6.96%
2 Weeks-6.48%
1 Month-2.1%
3 Month7.68%
6 Month19.99%
12 Month39.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.56
RSI(14)42.84
LBB49.16
UBB54.29
SDRL Daily chart

SEADRILL LIMITED

NYSE:SDRL (4/19/2024, 12:00:14 PM)

49.6

+0.68 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.39%
1 Week-6.96%
2 Weeks-6.48%
1 Month-2.1%
3 Month7.68%
6 Month19.99%
12 Month39.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.42
ATR(20)%2.54%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High53.58
10 Day Low48.87
20 Day High53.58
20 Day Low48.78
52 Week High53.58
52 Week Low34.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume163.53K
Volume Incr-36.15%
Vol(5)406.18K
Vol(50)717.07K