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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.

NYSE_RIG
Open High Low RIG Price Change
6.660 6.765 6.400 6.630 -0.030
Entry Signal

MarketClub’s Trade Triangles for RIG

long term up The long-term trend has been UP since Nov 3rd, 2022 at 3.9900

intermediate term up The intermediate-term trend has been UP since Dec 14th, 2022 at 4.4000

short term down 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).

+85
Smart Scan Analysis for RIG
Strong Downtrend Sideways 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 High14.47Year High Date2018-10-09
Year Low8.7Year Low Date2018-02-09
52wk High6.6952wk High Date2023-01-26
52wk Low2.3252wk Low Date2022-07-15
Year End Close44.66Average Volume25,208,464
Shares Outstanding721,888Short Interest4,148,259
% Institutional65.2Market Cap3,548M
Assets206,210,000MLiabilities939,100,000M
P/E Ratio31Beta2.02
Volatility58.31
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