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Stock Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Transocean (NYSE:RIG)

Strong Uptrend (+100) - RIG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RIG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.090 2.190 2.020 2.115 +0.085
Entry Signal

MarketClub’s Trade Triangles for RIG

long term up The long-term trend has been UP since Nov 24th, 2020 at 2.6200

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.8677

short term up The short-term trend has been UP since Dec 4th, 2020 at 2.1800

Smart Scan Analysis for RIG

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

+100
Smart Scan Analysis for RIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.090 2.190 2.020 2.115 +0.085
Prev. Close Volume Bid Ask Time
0.870 20984097 2020-12-04 12:20:16
Year High14.47Year High Date2018-10-09
Year Low8.7Year Low Date2018-02-09
52wk High7.2852wk High Date2020-01-03
52wk Low0.6552wk Low Date2020-10-30
Year End Close44.66Average Volume21,680,399
Shares Outstanding614,613Short Interest4,148,259
% Institutional65.2Market Cap3,548M
Assets228,250,000MLiabilities118,440,000M
Beta2.02Volatility58.31
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