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 Monday, Seadrill Ltd [NYSE:SDRL] saw its stock fall -0.13% to $22.47. Over the last five days, the stock has gained 11.74%. Seadrill Ltd shares have fallen nearly -42.28% since the year began. Nevertheless, the stocks have fallen -53.40% 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 $23.05, while 200 days put it at $35.79.
Levels Of Support And Resistance For SDRL Stock
The 24-hour chart illustrates a support level at 22.03, which if violated will result in even more drops to 21.60. On the upside, there is a resistance level at 23.02. A further resistance level may holdings at 23.58. The Relative Strength Index (RSI) on the 14-day chart is 53.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.79%. Stochastics %K at 89.36% indicates the stock is a selling.
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.
