TRANSOCEAN LTD (RIG) Stock Technical Analysis
NYSE:RIG - New York Stock Exchange, Inc. - CH0048265513 - Common Stock - Currency: USD
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.
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: 94% of all stocks are doing better.
RIG is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 81% are performing better than RIG.
RIG is currently trading near the lower end of its 52 week range, which is not a good sign. RIG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month RIG has a been trading in the 1.97 - 3.38 range, which is quite wide. It is currently trading near the lows of this range.
RIG has an average volume of 40850500 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
2.10
3.55
We found 1 important support area.
- A support zone ranging from 2.12 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.29 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.06 to 3.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.43 from a trend line in the daily time frame.
- Resistance @3.51 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
CRS6.44
Mansfield-4.68
10 Day High2.55
10 Day Low2.03
20 Day High3.38
20 Day Low1.97
52 Week High6.38
52 Week Low1.97
Performance
1 Week-3.6%
2 Weeks-9.7%
1 Month-33.75%
3 Month-44.42%
6 Month-48.31%
12 Month-63.54%
2 Year-63.73%
3 Year-43.09%
5 Year67.19%
10 Year-88.63%
15 Year-97.04%
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)-0.02
RSI(14)35.75
LBB1.78
UBB2.88
2.14
+0.01 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.47%
1 Week-3.6%
2 Weeks-9.7%
1 Month-33.75%
3 Month-44.42%
6 Month-48.31%
12 Month-63.54%
2 Year-63.73%
3 Year-43.09%
5 Year67.19%
10 Year-88.63%
15 Year-97.04%
Volatility
ATR(14)0.28
ATR(20)%11.55%
ATR Inc-48.92%
Range Today0.09
ADR(20)0.22
ADR(20)%10.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.44
Mansfield-4.68
10 Day High2.55
10 Day Low2.03
20 Day High3.38
20 Day Low1.97
52 Week High6.38
52 Week Low1.97
CS1 End2.13
CR1 Start2.29
Volume & EV
DER(3)3.82%
DER(5)2.88%
Volume30.70M
Volume Incr-17.52%
Vol(5)37.94M
Vol(50)40.85M