TRANSOCEAN LTD (RIG)

CH0048265513 - Common Stock

4.34  +0.36 (+9.05%)

After market: 4.32 -0.02 (-0.46%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RIG. RIG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than RIG.
RIG is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 77% are performing better than RIG.
RIG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
RIG has an average volume of 19839000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RIG has a been trading in the 3.91 - 4.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RIG Weekly chart
RIG Daily chart
Setup Rating and Analysis

3

The technical rating of RIG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

3.87

5.23

2 important support areas can be observed.

  • A support zone ranging from 4.11 to 4.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.91 to 3.92. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 4.67 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 4.94 to 4.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 5.16 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.31
Mansfield-2.77
10 Day High4.4
10 Day Low3.91
20 Day High4.74
20 Day Low3.91
52 Week High6.94
52 Week Low3.85
Performance
1 Week5.85%
2 Weeks1.88%
1 Month-5.24%
3 Month-16.54%
6 Month-22.08%
12 Month-36.55%
2 Year17.93%
3 Year22.95%
5 Year-8.63%
10 Year-85.45%
15 Year-94.83%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.23
LBB3.9
UBB4.39
RIG Daily chart

TRANSOCEAN LTD

NYSE:RIG (10/31/2024, 6:30:00 PM)

After market: 4.32 -0.02 (-0.46%)

4.34

+0.36 (+9.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg9.05%
1 Week5.85%
2 Weeks1.88%
1 Month-5.24%
3 Month-16.54%
6 Month-22.08%
12 Month-36.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%4.34%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.4
10 Day Low3.91
20 Day High4.74
20 Day Low3.91
52 Week High6.94
52 Week Low3.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume35.92M
Volume Incr24.24%
Vol(5)21.47M
Vol(50)19.84M