TRANSOCEAN LTD (RIG)
CH0048265513 - Common Stock
We assign a technical rating of 0 out of 10 to RIG. RIG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RIG is a bad performer in the overall market: 91% of all stocks are doing better.
RIG is one of the lesser performing stocks in the Energy Equipment & Services industry. 84% of 59 stocks in the same industry do better.
RIG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RIG is lagging the market.
In the last month RIG has a been trading in the 3.48 - 4.51 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
RIG has an average volume of 19771000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
3.49
4.89
We can see 4 important resistance areas.
- A resistance zone ranging from 4.18 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.54 to 4.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.67 from a horizontal line in the daily time frame.
- Resistance @4.84 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.5
Mansfield-3.78
10 Day High4.14
10 Day Low3.48
20 Day High4.51
20 Day Low3.48
52 Week High6.88
52 Week Low3.48
Performance
1 Week-8.55%
2 Weeks-12.19%
1 Month-18.66%
3 Month-22.25%
6 Month-31.46%
12 Month-44.5%
2 Year-22.59%
3 Year27.9%
5 Year-48.69%
10 Year-80.74%
15 Year-95.74%
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)-0.06
RSI(14)28.28
LBB3.4
UBB4.44
TRANSOCEAN LTD
NYSE:RIG (12/20/2024, 8:04:00 PM)
After market: 3.55 +0.02 (+0.57%)3.53
-0.02 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.56%
1 Week-8.55%
2 Weeks-12.19%
1 Month-18.66%
3 Month-22.25%
6 Month-31.46%
12 Month-44.5%
2 Year-22.59%
3 Year27.9%
5 Year-48.69%
10 Year-80.74%
15 Year-95.74%
Volatility
ATR(14)0.19
ATR(20)%5.07%
ATR Inc-6.85%
Range Today0.14
ADR(20)0.17
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.5
Mansfield-3.78
10 Day High4.14
10 Day Low3.48
20 Day High4.51
20 Day Low3.48
52 Week High6.88
52 Week Low3.48
CS1 EndN/A
CR1 Start4.18
Volume & EV
DER(3)0.13%
DER(5)1.36%
Volume30.88M
Volume Incr43.38%
Vol(5)26.82M
Vol(50)19.77M