SEADRILL LIMITED (SDRL) Stock Technical Analysis
NYSE:SDRL - New York Stock Exchange, Inc. - BMG7997W1029 - Common Stock - Currency: USD
Overall SDRL gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SDRL was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SDRL is a bad performer in the overall market: 78% of all stocks are doing better.
SDRL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SDRL is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SDRL has a been trading in the 22.30 - 29.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SDRL has an average volume of 1049920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SDRL is an average performer in the Energy Equipment & Services industry, it outperforms 50% of 63 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SDRL has an average technical rating and it also 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.
More info and screens
28.87
29.46
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.17 to 29.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SDRL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDRL is up. |
| ChartMill Relative Strength | 22.19 | NEGATIVE | SDRL has a low relative strength, it was outperformed by 77.81% 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 | NEGATIVE | The current price of SDRL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.84 | OVERBOUGHT | The high RSI value suggests SDRL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests SDRL has a positive trend. |
| Stochastics (14,3) | 95.87 | OVERBOUGHT | The high Stochastics value suggests SDRL may be overbought. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for SDRL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.76 | 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)
29.16
+0.69 (+2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.42%
1 Week15.85%
2 Weeks25.69%
1 Month17.44%
3 Month18.15%
6 Month-23.76%
12 Month-38.45%
2 Year-29.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%3.9%
ATR Inc6.76%
Range Today1.34
ADR(20)1.03
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.19
Mansfield-2.2
10 Day High29.34
10 Day Low23.26
20 Day High29.34
20 Day Low22.3
52 Week High56.46
52 Week Low17.74
CS1 EndN/A
CR1 Start29.17
Volume & EV
DER(3)-3.48%
DER(5)-3.86%
Volume1.57M
Volume Incr108.68%
Vol(5)1.48M
Vol(50)1.05M