(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 2024-06-03 View latest technical analysis
10 day averaged volume of Transocean is 13424442
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 5.71 | 6.21 | 6.25 | 5.67 | 2.098 times |
| 31 Fri May 2024 | 6.20 | 5.94 | 6.23 | 5.91 | 1.32 times |
| 30 Thu May 2024 | 5.90 | 5.92 | 6.00 | 5.86 | 0.98 times |
| 29 Wed May 2024 | 5.94 | 6.01 | 6.08 | 5.90 | 0.967 times |
| 28 Tue May 2024 | 6.11 | 5.84 | 6.12 | 5.83 | 1.451 times |
| 24 Fri May 2024 | 5.77 | 5.86 | 5.92 | 5.76 | 0.776 times |
| 23 Thu May 2024 | 5.81 | 5.97 | 6.03 | 5.77 | 0.733 times |
| 22 Wed May 2024 | 5.92 | 6.20 | 6.20 | 5.84 | 0.966 times |
| 21 Tue May 2024 | 6.16 | 6.16 | 6.26 | 6.13 | 0.791 times |
| 20 Mon May 2024 | 6.24 | 6.20 | 6.38 | 6.13 | 1.471 times |
Stock of Transocean (RIG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.8, but if it comes above 5.8, then a intra day buy could be more profitable.
If you take a sell trade below 5.8, then use 5.8 as stoploss and 5.6 as target. However if you take a buy trade in stock , then use 5.8 as stoploss and 5.92 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 | 5.58 |
| Upside Target | 6.09 |
| Upside Target | 6.23 |
| Upside Target | 6.25 |
| Upside Target | 6.38 |
| Upside Target | 6.43 |
| Upside Target | 6.88 |
Intraday share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Intraday Target | 5.5 |
| Downside Intraday Target | 5.3 |
| Upside Intraday Target | 6.08 |
| Upside Intraday Target | 6.46 |
| Upside Intraday Target | 5.88 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 5.71 | 6.21 | 6.25 | 5.67 | 0.445 times |
| 31 Fri May 2024 | 6.20 | 5.84 | 6.23 | 5.83 | 0.996 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 |
Price has moved down 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 |
| 03 Mon Jun 2024 | 5.71 | 6.21 | 6.25 | 5.67 | 0.088 times |
| 31 Fri May 2024 | 6.20 | 5.17 | 6.38 | 5.10 | 0.708 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transocean ( (RIG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Transocean ( (RIG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transocean ( (RIG) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Transocean stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Transocean in short term but the sell signal is initial and weak.
Transocean Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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
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 5.98 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transocean ( (RIG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Transocean ( (RIG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transocean ( (RIG) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Transocean stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Transocean in short term but the sell signal is initial and weak.
Transocean Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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
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 5.98 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.