(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 2024-06-24 View latest technical analysis
10 day averaged volume of Transocean is 14743700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 5.14 | 5.19 | 5.36 | 5.13 | 1.289 times |
| 21 Fri Jun 2024 | 5.15 | 5.17 | 5.18 | 5.05 | 1.519 times |
| 20 Thu Jun 2024 | 5.17 | 5.28 | 5.32 | 5.10 | 1.288 times |
| 18 Tue Jun 2024 | 5.24 | 5.23 | 5.38 | 5.21 | 0.789 times |
| 18 Tue Jun 2024 | 5.24 | 5.23 | 5.38 | 5.21 | 0.789 times |
| 17 Mon Jun 2024 | 5.20 | 5.18 | 5.28 | 5.14 | 0.952 times |
| 14 Fri Jun 2024 | 5.17 | 5.34 | 5.38 | 5.14 | 1.184 times |
| 13 Thu Jun 2024 | 5.41 | 5.64 | 5.67 | 5.36 | 0.722 times |
| 12 Wed Jun 2024 | 5.68 | 5.76 | 5.81 | 5.62 | 0.863 times |
| 11 Tue Jun 2024 | 5.60 | 5.57 | 5.64 | 5.50 | 0.67 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.2, but if it comes above 5.2, then a intra day buy could be more profitable.
If you take a sell trade below 5.2, then use 5.2 as stoploss and 4.8 as target. However if you take a buy trade in stock , then use 5.2 as stoploss and 5.51 as target.
Share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Target | 4.45 |
| Downside Target | 4.85 |
| Downside Target | 5.05 |
| Upside Target | 5.31 |
| Upside Target | 5.38 |
| Upside Target | 5.58 |
| Upside Target | 5.81 |
| 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 | 5.06 |
| Downside Intraday Target | 4.98 |
| Upside Intraday Target | 5.29 |
| Upside Intraday Target | 5.44 |
| Upside Intraday Target | 5.21 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 5.14 | 5.19 | 5.36 | 5.13 | 0.358 times |
| 21 Fri Jun 2024 | 5.15 | 5.23 | 5.38 | 5.05 | 2.066 times |
| 18 Tue Jun 2024 | 5.24 | 5.18 | 5.38 | 5.14 | 0.373 times |
| 14 Fri Jun 2024 | 5.17 | 5.47 | 5.81 | 5.14 | 0.705 times |
| 07 Fri Jun 2024 | 5.40 | 6.21 | 6.25 | 5.31 | 1.539 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 |
| 24 Mon Jun 2024 | 5.14 | 6.21 | 6.25 | 5.05 | 0.822 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer 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.
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 and the sell signal is strong.
Transocean Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Transocean in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.27 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer 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.
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 and the sell signal is strong.
Transocean Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Transocean in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.27 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.