seadrill technical analysis charts
TRANSCRIPT
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.
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.
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.
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.