In the meantime, Citigroup upgraded its Seadrill Ltd [SDRL] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Pickering Energy Partners’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Stifel began covering SDRL with “Buy” recommendation on December 06, 2023. Citigroup started covering the stock on July 05, 2023. It rated SDRL as “a Neutral”.
Price Performance Review of SDRL
On Tuesday, Seadrill Ltd [NYSE:SDRL] saw its stock jump 4.43% to $21.00. Over the last five days, the stock has gained 2.69%. Seadrill Ltd shares have fallen nearly -46.06% since the year began. Nevertheless, the stocks have fallen -57.31% over the past one year. While a 52-week high of $56.46 was reached on 01/02/25, a 52-week low of $17.74 was recorded on 04/09/25. SMA at 50 days reached $23.74, while 200 days put it at $36.43.
Levels Of Support And Resistance For SDRL Stock
The 24-hour chart illustrates a support level at 20.26, which if violated will result in even more drops to 19.52. On the upside, there is a resistance level at 21.49. A further resistance level may holdings at 21.98. The Relative Strength Index (RSI) on the 14-day chart is 46.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.41%. Stochastics %K at 77.08% indicates the stock is a holding.
How much short interest is there in Seadrill Ltd?
A steep rise in short interest was recorded in Seadrill Ltd stocks on 2025-04-15, growing by 0.19 million shares to a total of 5.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 5.29 million shares. There was a rise of 3.46%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 17, 2023 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
