(RIG) Transocean complete technical analysis [charts+indicators] | Buy/Sell Transocean | (RIG) share price targets
Complete technical analysis of Transocean (RIG) by charts plus indicators, forecast predictions and share price targets for Transocean (RIG)
Transocean trades in USA in Energy sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Transocean is 12698294
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.11 | 5.84 | 6.12 | 5.83 | 1.534 times |
| 24 Fri May 2024 | 5.77 | 5.86 | 5.92 | 5.76 | 0.82 times |
| 23 Thu May 2024 | 5.81 | 5.97 | 6.03 | 5.77 | 0.775 times |
| 22 Wed May 2024 | 5.92 | 6.20 | 6.20 | 5.84 | 1.021 times |
| 21 Tue May 2024 | 6.16 | 6.16 | 6.26 | 6.13 | 0.836 times |
| 20 Mon May 2024 | 6.24 | 6.20 | 6.38 | 6.13 | 1.556 times |
| 17 Fri May 2024 | 6.03 | 6.01 | 6.06 | 5.95 | 0.577 times |
| 16 Thu May 2024 | 6.00 | 6.04 | 6.13 | 5.97 | 0.79 times |
| 15 Wed May 2024 | 6.04 | 6.06 | 6.09 | 5.84 | 1.147 times |
| 14 Tue May 2024 | 6.01 | 5.82 | 6.05 | 5.82 | 1.538 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.1, but if it comes below 6.1, then a intra day sell could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 5.81 as target. However if you take a buy trade in stock , then use 6.1 as stoploss and 6.4 as target.
Share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Target | 4.45 |
| Downside Target | 4.85 |
| Downside Target | 5.10 |
| Downside Target | 5.23 |
| Downside Target | 5.58 |
| Downside Target | 5.76 |
| Downside Target | 6.00 |
| Upside Target | 6.13 |
| Upside Target | 6.38 |
| Upside Target | 6.43 |
| Upside Target | 6.47 |
| Upside Target | 6.88 |
Intraday share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Intraday Target | 5.92 |
| Downside Intraday Target | 5.73 |
| Upside Intraday Target | 6.21 |
| Upside Intraday Target | 6.31 |
| Downside Intraday Target | 6.02 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.11 | 5.84 | 6.12 | 5.83 | 0.306 times |
| 24 Fri May 2024 | 5.77 | 6.20 | 6.38 | 5.76 | 1.003 times |
| 17 Fri May 2024 | 6.03 | 5.80 | 6.13 | 5.77 | 0.941 times |
| 10 Fri May 2024 | 5.76 | 5.62 | 6.09 | 5.59 | 0.503 times |
| 03 Fri May 2024 | 5.57 | 5.90 | 6.00 | 5.10 | 1.719 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Transocean (RIG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.11 | 5.17 | 6.38 | 5.10 | 0.611 times |
| 30 Tue Apr 2024 | 5.22 | 6.28 | 6.88 | 5.11 | 1.239 times |
| 28 Thu Mar 2024 | 6.28 | 4.87 | 6.43 | 4.85 | 1.047 times |
| 29 Thu Feb 2024 | 4.69 | 5.55 | 5.58 | 4.45 | 0.963 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Transocean (RIG)
Price action analysis of Transocean ( (RIG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transocean ( (RIG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transocean ( (RIG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Transocean ( (RIG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Transocean stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Transocean in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Transocean Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Transocean in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Transocean is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Transocean (RIG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Transocean (RIG) stock. Volume based technical analysis of Transocean (RIG) stock is negative.
Transocean Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Transocean ( (RIG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transocean ( (RIG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transocean ( (RIG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Transocean ( (RIG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Transocean stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Transocean in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Transocean Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Transocean in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Transocean is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Transocean (RIG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Transocean (RIG) stock. Volume based technical analysis of Transocean (RIG) stock is negative.
Transocean Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.