Technical Analysis for SEPL - Seplat Petroleum Develop

Grade Last Price % Change Price Change
C 104.00 -2.80% -3.00
SEPL closed down 0.47 percent on Thursday, March 23, 2023, on 41 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
200 DMA Support Bullish -2.80%
Oversold Stochastic Weakness -2.80%
Crossed Above 200 DMA Bullish -3.26%
NR7 Range Contraction -3.26%
Inside Day Range Contraction -3.26%
Gapped Up Strength -3.26%
Oversold Stochastic Weakness -3.26%
200 DMA Resistance Bearish -0.48%
50 DMA Resistance Bearish -0.48%
Lower Bollinger Band Walk Weakness -0.48%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 5 hours ago
Lower Bollinger Band Support about 5 hours ago
5x Volume Pace about 5 hours ago
Fell Below Lower Bollinger Band about 5 hours ago
3x Volume Pace about 5 hours ago

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Profile

Seplat Petroleum Develop Description

Seplat Petroleum Development Company Plc (Seplat) is a Nigeria-based company engaged in oil and gas exploration and production. The Company's segment is the exploration, development and production of oil and gas related projects located in Nigeria. The Company's portfolio consists of approximately six blocks in the Niger Delta, including oil mining lease (OML) 4, OML 38, OML 41, OPL 283, OML 53 and OML 55. The Company has a working interest in OMLs 4, 38 and 41, which are located in Edo and Delta States onshore Nigeria. The Company has a non-operated working interest in the Umuseti/Igbuku Marginal Field Area of OML 56. The Company has working interest in OML 53, which covers an area of approximately 1,585 square kilometers and is located onshore in the northeastern Niger Delta. Seplat has a working interest in OML 55, which is located in the swamp to shallow water offshore areas in the southeastern Niger Delta.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Gas Oil And Gas Mining Water Offshore Gas Exploration Petroleum Oil And Gas Exploration Margin Eland Oil & Gas Geography Of Nigeria Niger Inland Delta

Is SEPL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 138.763
52 Week Low 83.351
Average Volume 280,807
200-Day Moving Average 106.72
50-Day Moving Average 108.76
20-Day Moving Average 111.93
10-Day Moving Average 107.58
Average True Range 4.36
RSI 44.44
ADX 23.39
+DI 16.98
-DI 18.15
Chandelier Exit (Long, 3 ATRs) 110.92
Chandelier Exit (Short, 3 ATRs) 115.58
Upper Bollinger Bands 122.04
Lower Bollinger Band 101.81
Percent B (%b) 0.26
BandWidth 18.08
MACD Line -1.17
MACD Signal Line -0.03
MACD Histogram -1.1308
Fundamentals Value
Market Cap 624.09 Million
Num Shares 583 Million
EPS 5.30
Price-to-Earnings (P/E) Ratio 20.19
Price-to-Sales 0.78
Price-to-Book 0.26
PEG Ratio 0.00
Dividend 0.08
Dividend Yield 0.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 111.50
Resistance 3 (R3) 111.50 110.00 110.75
Resistance 2 (R2) 110.00 108.85 110.00 110.50
Resistance 1 (R1) 108.50 108.15 107.75 108.50 110.25
Pivot Point 107.00 107.00 106.63 107.00 107.00
Support 1 (S1) 105.50 105.85 104.75 105.50 103.75
Support 2 (S2) 104.00 105.15 104.00 103.50
Support 3 (S3) 102.50 104.00 103.25
Support 4 (S4) 102.50