Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
Transocean Ltd (Switzerland) (NYSE:RIG)
Countertrend Up (+85) - RIG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 3rd, 2022 at 3.9900
The intermediate-term trend has been UP since Dec 14th, 2022 at 4.4000
The short-term trend has been DOWN since Jan 24th, 2023 at 5.5701
Smart Scan Analysis for RIG
Based on our trend formula, RIG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.660 | 6.765 | 6.400 | 6.630 | -0.030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.660 | 33427229 | 2023-01-27 15:59:35 |
| Year High | 14.47 | Year High Date | 2018-10-09 |
| Year Low | 8.7 | Year Low Date | 2018-02-09 |
| 52wk High | 6.69 | 52wk High Date | 2023-01-26 |
| 52wk Low | 2.32 | 52wk Low Date | 2022-07-15 |
| Year End Close | 44.66 | Average Volume | 25,208,464 |
| Shares Outstanding | 721,888 | Short Interest | 4,148,259 |
| % Institutional | 65.2 | Market Cap | 3,548M |
| Assets | 206,210,000M | Liabilities | 939,100,000M |
| P/E Ratio | 31 | Beta | 2.02 |
| Volatility | 58.31 |