(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 2024-08-09 View latest technical analysis
10 day averaged volume of Transocean is 20466450
Date | Daily Closing Price | Open | High | Low | Volume |
09 Fri Aug 2024 | 5.18 | 5.28 | 5.32 | 5.14 | 0.608 times |
08 Thu Aug 2024 | 5.28 | 5.09 | 5.33 | 5.08 | 0.703 times |
07 Wed Aug 2024 | 5.03 | 5.23 | 5.31 | 5.00 | 0.814 times |
06 Tue Aug 2024 | 5.05 | 5.10 | 5.16 | 5.01 | 1.009 times |
05 Mon Aug 2024 | 5.01 | 4.89 | 5.20 | 4.86 | 1.489 times |
02 Fri Aug 2024 | 5.20 | 5.30 | 5.32 | 5.13 | 1.396 times |
01 Thu Aug 2024 | 5.46 | 5.76 | 5.94 | 5.38 | 1.36 times |
31 Wed Jul 2024 | 5.79 | 5.90 | 5.98 | 5.73 | 1.155 times |
30 Tue Jul 2024 | 5.68 | 5.63 | 5.70 | 5.54 | 0.556 times |
29 Mon Jul 2024 | 5.68 | 5.82 | 5.85 | 5.60 | 0.599 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 |
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 | 4.92 |
Downside Intraday Target | 4.65 |
Upside Intraday Target | 5.39 |
Upside Intraday Target | 5.59 |
Downside Intraday Target | 5.12 |
Weekly technical analysis of Transocean (RIG)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Fri Aug 2024 | 5.18 | 4.89 | 5.33 | 4.86 | 0.913 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 |
09 Fri Aug 2024 | 5.18 | 5.76 | 5.94 | 4.86 | 0.429 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 5.31 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 5.31 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.