TRANSOCEAN LTD (RIG) Stock Technical Analysis
NYSE:RIG - New York Stock Exchange, Inc. - CH0048265513 - Common Stock - Currency: USD
Taking everything into account, RIG scores 1 out of 10 in our technical rating. 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.
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.
86% of all other stocks performed better in the past year than RIG.
RIG is part of the Energy Equipment & Services industry. There are 58 other stocks in this industry, of which 82% 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 22204700 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 3.67 - 4.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RIG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for RIG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.84
4.72
We found 1 important support area.
- Support @3.88 from a trend line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 3.92 to 4.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.15 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.29 from a horizontal line in the daily time frame.
- Resistance @4.41 from a horizontal line in the daily time frame.
- Resistance @4.57 from a trend line in the weekly time frame.
- Resistance @4.67 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.89
Mansfield-2.81
10 Day High4.27
10 Day Low3.77
20 Day High4.32
20 Day Low3.67
52 Week High6.88
52 Week Low3.4
Performance
1 Week1.3%
2 Weeks-8.64%
1 Month6.83%
3 Month-7.78%
6 Month-24.81%
12 Month-23.93%
2 Year-41.99%
3 Year24.13%
5 Year-14.25%
10 Year-76.01%
15 Year-95.39%
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)48.79
LBB3.72
UBB4.23
TRANSOCEAN LTD
NYSE:RIG (1/30/2025, 8:04:00 PM)
After market: 3.87 -0.04 (-1.02%)3.91
+0.08 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.09%
1 Week1.3%
2 Weeks-8.64%
1 Month6.83%
3 Month-7.78%
6 Month-24.81%
12 Month-23.93%
2 Year-41.99%
3 Year24.13%
5 Year-14.25%
10 Year-76.01%
15 Year-95.39%
Volatility
ATR(14)0.18
ATR(20)%4.53%
ATR Inc-16.86%
Range Today0.15
ADR(20)0.17
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.89
Mansfield-2.81
10 Day High4.27
10 Day Low3.77
20 Day High4.32
20 Day Low3.67
52 Week High6.88
52 Week Low3.4
CS1 End3.88
CR1 Start3.92
Volume & EV
DER(3)4.03%
DER(5)4.67%
Volume23.45M
Volume Incr2.99%
Vol(5)24.66M
Vol(50)22.20M