(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 2024-08-28 View latest technical analysis
10 day averaged volume of Transocean is 16264030
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 4.72 | 4.83 | 4.84 | 4.71 | 1.055 times |
27 Tue Aug 2024 | 4.93 | 4.96 | 5.01 | 4.90 | 0.746 times |
26 Mon Aug 2024 | 4.97 | 5.08 | 5.11 | 4.96 | 0.906 times |
23 Fri Aug 2024 | 4.97 | 4.77 | 5.01 | 4.75 | 1.014 times |
22 Thu Aug 2024 | 4.73 | 4.92 | 4.98 | 4.72 | 1.058 times |
21 Wed Aug 2024 | 4.93 | 5.05 | 5.09 | 4.92 | 1.308 times |
20 Tue Aug 2024 | 4.98 | 5.19 | 5.20 | 4.95 | 1.19 times |
19 Mon Aug 2024 | 5.20 | 5.22 | 5.26 | 5.15 | 0.825 times |
16 Fri Aug 2024 | 5.18 | 5.16 | 5.25 | 5.16 | 0.767 times |
15 Thu Aug 2024 | 5.23 | 5.15 | 5.26 | 5.13 | 1.121 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.7, for a target of 4.9 or 5.07
Share price targets for Transocean (RIG)
Target Type | Value |
Downside Target | 4.71 |
Upside Target | 4.86 |
Upside Target | 5.26 |
Upside Target | 5.31 |
Upside Target | 5.33 |
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 | 4.58 |
Downside Intraday Target | 4.45 |
Upside Intraday Target | 4.98 |
Upside Intraday Target | 5.25 |
Upside Intraday Target | 4.85 |
Weekly technical analysis of Transocean (RIG)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 4.72 | 5.08 | 5.11 | 4.71 | 0.502 times |
23 Fri Aug 2024 | 4.97 | 5.22 | 5.26 | 4.72 | 1.122 times |
16 Fri Aug 2024 | 5.18 | 5.24 | 5.31 | 5.04 | 0.827 times |
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 |
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 |
28 Wed Aug 2024 | 4.72 | 5.76 | 5.94 | 4.71 | 1.026 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 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 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 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 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 BUY signal in short term but buying is losing 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 4.98 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 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 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 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 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 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 BUY signal in short term but buying is losing 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 4.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.