SEADRILL LIMITED (SDRL) Technical Analysis
NYSE:SDRL • BMG7997W1029
Current stock price
SDRL Technical Rating and Analysis
Taking everything into account, SDRL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SDRL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SDRL is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by SDRL over the past year are nicely spread over this period.
- SDRL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SDRL has a been trading in the 44.59 - 50.23 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 62 other stocks in this industry, SDRL did better than 63% of them.
SDRL Weekly and Daily overview Charts
SDRL Setup Rating and Analysis
Besides having an excellent technical rating, SDRL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 48.04, a Stop Loss order could be placed below this zone.
More info and screens
SDRL Support and Resistance Analysis
27.52
We found 5 important support areas.
- A support zone ranging from 47.64 to 48.04. 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 45.47 to 46.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.95 from a trend line in the weekly time frame.
- Support @29.40 from a trend line in the daily time frame.
- Support @27.80 from a horizontal line in the daily time frame.
SDRL 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 | 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 | 93.82 | POSITIVE | SDRL has a high relative strength, it outperformed 93.82% 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) | UP | POSITIVE | The current price of SDRL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.76 | NEUTRAL | The RSI value for SDRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SDRL has a positive trend. |
| Stochastics (14,3) | 93.57 | OVERBOUGHT | The high Stochastics value suggests SDRL may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SDRL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for SDRL suggests a weak or negative trend. |
SDRL Chart- and CandleStick Pattern Analysis
SDRL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.25 | 47.63 | 2.61 (5.20%) | 19.21% |
| An entry @50.24. This is a Buy Stop order right above the 10 day high. | An exit @47.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.61 points, which is 5.20%. | For a 1.00% total portfolio risk, you can invest 19.21% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SDRL Technicals: Chart, Performance Metrics, Trend & Indicators
49.31
-0.38 (-0.76%)
SEADRILL LIMITED / SDRL TA FAQ
What is the technical rating for SDRL stock?
ChartMill assigns a technical rating of 10 / 10 to SDRL.
What is the current trend direction of SEADRILL LIMITED (SDRL) stock?
The current trend direction for SEADRILL LIMITED (SDRL) is Bullish.
Can you provide the RSI signal for SEADRILL LIMITED?
SEADRILL LIMITED (SDRL) has an RSI value of 65.7576. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SEADRILL LIMITED?
The buy/sell signal for SEADRILL LIMITED (SDRL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SEADRILL LIMITED?
SEADRILL LIMITED (SDRL) has a support level at 48.04. Check the full technical report for our detailed analysis of SDRL support and resistance levels.