Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 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.

NYSE_RIG
Open High Low RIG Price Change
5.770 5.800 5.615 5.620 -0.200
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 Jul 17th, 2019 at 5.985

short term down The short term trend has been DOWN since Jul 16th, 2019 at 6.230

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).

-100
Smart Scan Analysis for RIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.770 5.800 5.615 5.620 -0.200
Prev. Close Volume Bid Ask Time
6.75 6191019 2019-07-18 11:19:47
Year High14.47Year High Date2018-10-09
Year Low8.7Year Low Date2018-02-09
52wk High14.4752wk High Date2018-10-09
52wk Low6.1952wk Low Date2018-12-26
Year End Close44.66Average Volume15,407,338
Shares Outstanding611,632Short Interest4,148,259
% Institutional65.2Market Cap4,128M
Assets254,500,000MLiabilities125,040,000M
Beta2.02Volatility58.31
Want to analyze Transocean RIG or another symbol? Try our Free Stock Trend Analysis Report.