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Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Transocean (NYSE:RIG)
Long-Term Downtrend (-90) - RIG is in a strong downtrend that is likely to continue. While RIG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for RIG
The long-term trend has been DOWN since Feb 21st, 2020 at 4.17
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 5.93
The short-term trend has been DOWN since Apr 3rd, 2020 at 1.06
Smart Scan Analysis for RIG
Based on our trend formula, RIG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.18 | 1.19 | 1.05 | 1.06 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.15 | 26712169 | 2020-04-03 15:59:57 |
| Year High | 14.47 | Year High Date | 2018-10-09 |
| Year Low | 8.7 | Year Low Date | 2018-02-09 |
| 52wk High | 9.79 | 52wk High Date | 2019-04-23 |
| 52wk Low | 1.01 | 52wk Low Date | 2020-03-18 |
| Year End Close | 44.66 | Average Volume | 33,459,555 |
| Shares Outstanding | 612,573 | Short Interest | 4,148,259 |
| % Institutional | 65.2 | Market Cap | 3,548M |
| Assets | 241,050,000M | Liabilities | 122,430,000M |
| P/E Ratio | -2 | Beta | 2.02 |
| Volatility | 58.31 |