SEADRILL LIMITED (SDRL) Technical Analysis
NYSE:SDRL • BMG7997W1029
Current stock price
SDRL Technical Rating and Analysis
Overall SDRL gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SDRL did better than 94% of all other stocks. We also observe that the gains produced by SDRL over the past year are nicely spread over this period.
- A new 52 week high is currently being made by SDRL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SDRL is leading the market.
- In the last month SDRL has a been trading in the 41.47 - 48.00 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 60 other stocks in this industry, SDRL did better than 69% 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.
More info and screens
SDRL Support and Resistance Analysis
27.44
7 important support areas can be observed.
- A support zone ranging from 44.95 to 45.22. 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 41.42 to 42.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.76 from a trend line in the weekly time frame.
- Support @31.14 from a trend line in the daily time frame.
- Support @29.21 from a trend line in the daily time frame.
- Support @28.60 from a horizontal line in the daily time frame.
- Support @27.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.64 to 45.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.45 | POSITIVE | SDRL has a high relative strength, it outperformed 94.45% 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) | 58.77 | NEUTRAL | The RSI value for SDRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SDRL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.96 | NEUTRAL | The Stochastics value for SDRL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SDRL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for SDRL suggests a weak or negative trend. |
SDRL Chart- and CandleStick Pattern Analysis
SDRL Technicals: Chart, Performance Metrics, Trend & Indicators
45.63
+1.07 (+2.4%)
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 58.7736. 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 45.22 and a resistance level at 45.64. Check the full technical report for our detailed analysis of SDRL support and resistance levels.