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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Transocean Ltd (Switzerland) (NYSE:RIG)

Bear Market Rally (-75) - RIG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RIG as it may be in the beginning of a reversal.

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
4.200 4.300 4.150 4.195 -0.105
Entry Signal

MarketClub’s Trade Triangles for RIG

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 4.98

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 4.51

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 4.18

Smart Scan Analysis for RIG

Based on our trend formula, RIG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.200 4.300 4.150 4.195 -0.105
Prev. Close Volume Bid Ask Time
4.200 13170883 2024-11-19 15:59:30
Year High14.47Year High Date2018-10-09
Year Low8.7Year Low Date2018-02-09
52wk High6.8852wk High Date2024-04-08
52wk Low3.8552wk Low Date2024-09-10
Year End Close44.66Average Volume20,944,462
Shares Outstanding875,804Short Interest4,148,259
% Institutional65.2Market Cap3,548M
Assets195,100,000MLiabilities928,300,000M
P/E Ratio31Beta2.02
Volatility58.31
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