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Is Seadrill Stock Overbought?

Is Seadrill Stock Overbought?

Seadrill (SDRL) had a fantastic run in the last four days. Read Why Seadrill Stock Skyrocketed? to learn more about why the stock price rose and if any fundamentals are attached to the rise. In this part, we’ll discuss the technical indicators for Seadrill and some other key offshore drillers (IYE).