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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Transocean Ltd (Switzerland) (NYSE:RIG)

Crossroads (-60) - RIG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RIG?

MarketClub looks at technical strength and momentum to determine if the timing is right for RIG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_RIG
Open High Low RIG Price Change
5.46 5.62 5.42 5.57 +0.20
Entry Signal

MarketClub’s Trade Triangles for RIG

long term up The long-term trend has been UP since Apr 2nd, 2024 at 6.47

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 5.98

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 5.68

Smart Scan Analysis for RIG

Based on our trend formula, RIG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.46 5.62 5.42 5.57 +0.20
Prev. Close Volume Bid Ask Time
5.57 15314834 2024-05-03 15:59:52
Year High14.47Year High Date2018-10-09
Year Low8.7Year Low Date2018-02-09
52wk High8.8852wk High Date2023-09-15
52wk Low4.4552wk Low Date2024-02-20
Year End Close44.66Average Volume20,380,108
Shares Outstanding809,031Short Interest4,148,259
% Institutional65.2Market Cap3,548M
Assets199,370,000MLiabilities941,600,000M
P/E Ratio31Beta2.02
Volatility58.31
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