Decline depth
-30.9%
From rolling 252-day high of $55.47, 48d ago.
Past the 30% Amber threshold.
Red List
SDRLSeadrill Limited
-30.9%
from rolling 252-day high of $55.47 set 2026-05-20 · 48d ago
Current
$38.72
Decline depth
-30.9%
Decline σ
6.3σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$SDRL landed on the list 2026-06-18, down 30.5% from its 52-week high that day — now down -30.9%.
Roughly where it joined — no recovery, no further break.
Decline from the 52-week high as it stood on 2026-06-18 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
SDRL qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.85% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about SDRL.
SDRL qualifies for the Red List on decline depth — down -30.9% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 6.3σ over 20 bars.
52-week range
52W low $37.31
7.8% of range
52W high $55.47
Related — same sector
Closest decliners to SDRL
Questions about SDRL
What people ask.
Why is SDRL on Broken Stocks?
SDRL qualifies for the Red List on decline depth. It is down -30.9% from its rolling 252-day high of $55.47, set on 2026-05-20 — 48d ago.
Is SDRL a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. SDRL is down -30.9% from its 52-week high of $55.47, set 48d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is SDRL a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is SDRL trading inside its 52-week range?
At $38.72, SDRL sits 7.8% of the way from its 52-week low ($37.31) to its 52-week high ($55.47). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has SDRL been declining?
The current 30.9% decline accrued over 48d, which annualizes to roughly -235.0% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.