seadrill technical analysis charts

4
March 16, 2016 SDRL: Seadrill technical analysis charts On Tuesday, compared to Monday, price action opened lower (3.70, vs Monday's close of 3.88), saw a lower high (3.74, vs Monday's high of 4.04) and lower low (3.41, vs Monday's low of 3.76); and closed lower (3.56, vs Monday's close of 3.88). The day's range was 33 ticks. On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 5th consecutive entire day above the middle of the Bollinger Band envelope (2.99), in negative mode towards the middle of the envelope The Bollinger Bands (0.24- 5.74) are pointing higher; and narrowed from a width of 558 ticks on Monday to a width of 550 ticks on Tuesday. The RSI (54.18) below is in neutral mode between the key 20 (oversold) and 80 (overbought) levels.

Upload: chartician

Post on 13-Jan-2017

56 views

Category:

Data & Analytics


0 download

TRANSCRIPT

Page 1: Seadrill technical analysis charts

March 16, 2016

SDRL: Seadrill technical analysis charts

On Tuesday, compared to Monday, price action opened lower (3.70, vs Monday's

close of 3.88), saw a lower high (3.74, vs Monday's high of 4.04) and lower low

(3.41, vs Monday's low of 3.76); and closed lower (3.56, vs Monday's close of

3.88). The day's range was 33 ticks.

On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 5th

consecutive entire day above the middle of the Bollinger Band envelope (2.99), in

negative mode towards the middle of the envelope The Bollinger Bands (0.24-

5.74) are pointing higher; and narrowed from a width of 558 ticks on Monday to a

width of 550 ticks on Tuesday.

The RSI (54.18) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

Page 2: Seadrill technical analysis charts

March 16, 2016

The MACD 12 day moving average is below the MACD 26 day moving average;

both are above zero and rising.

The Slow Stochastics, below, are in negative mode, with the K line below the D

line.

The Commodity Channel Index (33.90), below, is in negative mode below the

overbought 200 level.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell

towards the top of the 20 day moving average envelope (2.99). The parameters of

the envelope (2.90-3.08) are pointing higher.

Page 3: Seadrill technical analysis charts

March 16, 2016

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (3.79, moving down) is above the 20 day moving average (2.99, moving

up), in positive mode. The 3-50 day strip of moving averages ranges from the 40

day moving average (2.46) at the bottom of the range to the 10 day moving

average (4.09) at the top of the range.

The Parabolic Stop and Reverse (6.84) below is in the 5th day of sell mode.

Page 4: Seadrill technical analysis charts

March 16, 2016

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 2nd

consecutive close below the middle of the Bollinger Bands envelope (3.81). The

Bollinger Bands (0.36-7.26) are converging; contracting from a width of 727 ticks

on Monday to a width of 690 ticks on Tuesday.