(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 2024-08-08 View latest technical analysis
10 day averaged volume of Transocean is 22674240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 5.28 | 5.09 | 5.33 | 5.08 | 0.635 times |
| 07 Wed Aug 2024 | 5.03 | 5.23 | 5.31 | 5.00 | 0.735 times |
| 06 Tue Aug 2024 | 5.05 | 5.10 | 5.16 | 5.01 | 0.91 times |
| 05 Mon Aug 2024 | 5.01 | 4.89 | 5.20 | 4.86 | 1.344 times |
| 02 Fri Aug 2024 | 5.20 | 5.30 | 5.32 | 5.13 | 1.26 times |
| 01 Thu Aug 2024 | 5.46 | 5.76 | 5.94 | 5.38 | 1.227 times |
| 31 Wed Jul 2024 | 5.79 | 5.90 | 5.98 | 5.73 | 1.042 times |
| 30 Tue Jul 2024 | 5.68 | 5.63 | 5.70 | 5.54 | 0.502 times |
| 29 Mon Jul 2024 | 5.68 | 5.82 | 5.85 | 5.60 | 0.541 times |
| 26 Fri Jul 2024 | 5.80 | 5.85 | 5.92 | 5.71 | 0.83 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.2 as stoploss in an intra day buy trade for a target of 5.44. However, stock will show a bearish move below 5.2.
Share price targets for Transocean (RIG)
| Target Type | Value |
| Downside Target | 4.86 |
| Downside 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 | 4.98 |
| Downside Intraday Target | 4.69 |
| Upside Intraday Target | 5.45 |
| Upside Intraday Target | 5.63 |
| Downside Intraday Target | 5.16 |
Weekly technical analysis of Transocean (RIG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 5.28 | 4.89 | 5.33 | 4.86 | 0.793 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 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 |
| 08 Thu Aug 2024 | 5.28 | 5.76 | 5.94 | 4.86 | 0.394 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 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 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.
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 5.36 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 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 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.
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 5.36 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.