(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 2024-08-06 View latest technical analysis
10 day averaged volume of Transocean is 21644710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 5.05 | 5.10 | 5.16 | 5.01 | 0.954 times |
| 05 Mon Aug 2024 | 5.01 | 4.89 | 5.20 | 4.86 | 1.408 times |
| 02 Fri Aug 2024 | 5.20 | 5.30 | 5.32 | 5.13 | 1.32 times |
| 01 Thu Aug 2024 | 5.46 | 5.76 | 5.94 | 5.38 | 1.286 times |
| 31 Wed Jul 2024 | 5.79 | 5.90 | 5.98 | 5.73 | 1.092 times |
| 30 Tue Jul 2024 | 5.68 | 5.63 | 5.70 | 5.54 | 0.526 times |
| 29 Mon Jul 2024 | 5.68 | 5.82 | 5.85 | 5.60 | 0.567 times |
| 26 Fri Jul 2024 | 5.80 | 5.85 | 5.92 | 5.71 | 0.869 times |
| 25 Thu Jul 2024 | 5.82 | 5.30 | 5.90 | 5.28 | 1.685 times |
| 24 Wed Jul 2024 | 5.26 | 5.50 | 5.58 | 5.24 | 0.593 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 4.9 as target. However if you take a buy trade in stock , then use 5.2 as stoploss and 5.43 as target.
Share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Target | 4.86 |
| Upside Target | 5.10 |
| Upside Target | 5.38 |
| Upside Target | 5.69 |
| Upside Target | 5.92 |
| Upside Target | 5.94 |
| Upside Target | 5.98 |
| Upside Target | 6.25 |
| Upside Target | 6.38 |
| Upside Target | 6.88 |
Intraday share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Intraday Target | 4.87 |
| Downside Intraday Target | 4.7 |
| Upside Intraday Target | 5.21 |
| Upside Intraday Target | 5.38 |
| Downside Intraday Target | 5.04 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 5.05 | 4.89 | 5.20 | 4.86 | 0.493 times |
| 02 Fri Aug 2024 | 5.20 | 5.82 | 5.98 | 5.13 | 1.117 times |
| 26 Fri Jul 2024 | 5.80 | 5.27 | 5.92 | 5.23 | 1.267 times |
| 19 Fri Jul 2024 | 5.27 | 5.35 | 5.69 | 5.25 | 0.945 times |
| 12 Fri Jul 2024 | 5.30 | 5.10 | 5.38 | 4.94 | 3.987 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 |
| 06 Tue Aug 2024 | 5.05 | 5.76 | 5.94 | 4.86 | 0.305 times |
| 31 Wed Jul 2024 | 5.79 | 5.32 | 5.98 | 4.94 | 0.79 times |
| 28 Fri Jun 2024 | 5.35 | 6.21 | 6.25 | 4.98 | 1.388 times |
| 31 Fri May 2024 | 6.20 | 5.17 | 6.38 | 5.10 | 0.708 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 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 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 Strong 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 moving up
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 and selling is picking up 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 5.46 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 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 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 Strong 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 moving up
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 and selling is picking up 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 5.46 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.