Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Transocean (NYSE:RIG)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low RIG Price Change
4.70 4.75 4.50 4.55 -0.12
Entry Signal

MarketClub’s Trade Triangles for RIG

long term down The long term trend has been DOWN since May 1st, 2019 at 7.810

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 4.510

short term down The short term trend has been DOWN since Oct 18th, 2019 at 4.551

Smart Scan Analysis for RIG

Based on a pre-defined weighted trend formula for chart analysis, RIG scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for RIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.70 4.75 4.50 4.55 -0.12
Prev. Close Volume Bid Ask Time
4.24 13696312 2019-10-18 15:59:51
Year High14.47000000Year High Date2018-10-09
Year Low8.70000000Year Low Date2018-02-09
52wk High14.4700000052wk High Date2018-10-09
52wk Low3.7600000052wk Low Date2019-08-15
Year End Close44.66000000Average Volume23,668,624
Shares Outstanding611,803Short Interest4,148,259
% Institutional65.20000000Market Cap3,548M
P/E Ratio-2.30000000Beta2.02000000
Want to analyze Transocean RIG or another symbol? Try our Free Stock Trend Analysis Report.