Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Transocean Ltd (Switzerland) (NYSE:RIG)
Sidelines Mode (+55) - RIG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RIG
The long-term trend has been UP since Apr 2nd, 2024 at 6.4700
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 5.9800
The short-term trend has been UP since Apr 23rd, 2024 at 5.8799
Smart Scan Analysis for RIG
Based on our trend formula, RIG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.750 | 5.995 | 5.750 | 5.940 | +0.130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.940 | 15419710 | 2024-04-23 15:59:59 |
| Year High | 14.47 | Year High Date | 2018-10-09 |
| Year Low | 8.7 | Year Low Date | 2018-02-09 |
| 52wk High | 8.88 | 52wk High Date | 2023-09-15 |
| 52wk Low | 4.45 | 52wk Low Date | 2024-02-20 |
| Year End Close | 44.66 | Average Volume | 19,162,636 |
| Shares Outstanding | 809,031 | Short Interest | 4,148,259 |
| % Institutional | 65.2 | Market Cap | 3,548M |
| Assets | 202,540,000M | Liabilities | 983,900,000M |
| P/E Ratio | 31 | Beta | 2.02 |
| Volatility | 58.31 |