(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 2024-05-29 View latest technical analysis
10 day averaged volume of Transocean is 13452894
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 5.94 | 6.01 | 6.08 | 5.90 | 0.965 times |
| 28 Tue May 2024 | 6.11 | 5.84 | 6.12 | 5.83 | 1.448 times |
| 24 Fri May 2024 | 5.77 | 5.86 | 5.92 | 5.76 | 0.774 times |
| 23 Thu May 2024 | 5.81 | 5.97 | 6.03 | 5.77 | 0.732 times |
| 22 Wed May 2024 | 5.92 | 6.20 | 6.20 | 5.84 | 0.964 times |
| 21 Tue May 2024 | 6.16 | 6.16 | 6.26 | 6.13 | 0.789 times |
| 20 Mon May 2024 | 6.24 | 6.20 | 6.38 | 6.13 | 1.468 times |
| 17 Fri May 2024 | 6.03 | 6.01 | 6.06 | 5.95 | 0.545 times |
| 16 Thu May 2024 | 6.00 | 6.04 | 6.13 | 5.97 | 0.746 times |
| 15 Wed May 2024 | 6.04 | 6.06 | 6.09 | 5.84 | 1.083 times |
My analysis of stock is bullish for shortterm, and stock might move up till 6.1 or till 6.4. Use a stoploss of 5.84 and if this stock hits its stoploss, then it can fall down till 5.6
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 |
| Upside 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 | 5.81 |
| Downside Intraday Target | 5.67 |
| Upside Intraday Target | 6.1 |
| Upside Intraday Target | 6.25 |
| Upside Intraday Target | 5.96 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 5.94 | 5.84 | 6.12 | 5.83 | 0.511 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 |
| 29 Wed May 2024 | 5.94 | 5.17 | 6.38 | 5.10 | 0.64 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a BUY signal for Transocean in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Transocean in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Transocean is picking up selling 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 below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Transocean (RIG) stock. Volume based technical analysis of Transocean (RIG) stock is negative.
Transocean Stock has given negative 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a BUY signal for Transocean in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Transocean in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Transocean is picking up selling 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 below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Transocean (RIG) stock. Volume based technical analysis of Transocean (RIG) stock is negative.
Transocean Stock has given negative 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.