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Seadrill Ltd Breaks Above 200-Day Moving Average - Bullish for SDRL

By Market News Video Staff, Tuesday, June 21, 1:17 PM ET
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In trading on Tuesday, shares of Seadrill Ltd (NYSE:SDRL) crossed above their 200 day moving average of $33.18, changing hands as high as $33.91 per share. Seadrill Ltd shares are currently trading up about 3.5% on the day. The chart below shows the one year performance of SDRL shares, versus its 200 day moving average:

Seadrill Ltd 200 Day Moving Average Chart

Looking at the chart above, SDRL's low point in its 52 week range is $17.81 per share, with $38.49 as the 52 week high point — that compares with a last trade of $33.90.

According to the ETF Finder at ETF Channel, SDRL makes up 1.00% of the Guggenheim S&P Global Dividend Opportunities Index ETF (AMEX:LVL) which is trading up by about 1.4% on the day Tuesday.

     See what other ETFs contain SDRL »
     See what other stocks are held by LVL »

SDRL operates in the Oil & Gas Exploration & Production sector, among companies like Denbury Resources, Inc. (NYSE:DNR) which is up about 4% today, and Range Resources Corp (NYSE:RRC) trading up by about 2.9%. Below is a three month price history chart comparing the stock performance of SDRL, versus DNR and RRC.

SDRL,DNR,RRC Relative Performance Chart


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This Article's Word Cloud:   AMEX   Above   According   Average   Below   Channel   Dividend   ETFs   Global   Investment   Moving   NYSE   Portfolio   Resources   SDRL   Seadrill   Tuesday   about   above   allows   among   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   moving   operates   other   performance   point   portfolio   price   range   share   shares   stocks   terms   trading   versus   week   what   which   with
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