RIG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Transocean Ltd (RIG) Moving Averages Convergence Divergence (MACD) indicator is 0.0163, suggesting RIG is Strong Buy.

Transocean Ltd (RIG) 20-Day simple moving average is 6.364, while Transocean Ltd (RIG) share price is $6.4, making it Buy.

Transocean Ltd (RIG) 60-Day simple moving average is 6.403, while Transocean Ltd (RIG) share price is $6.4, making it Sell.

Technical Analysis for RIG

Technical Sentiment Analysis for Transocean Ltd (RIG) As of 2026-05-08, Transocean Ltd (RIG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RIG stands at 49.627, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0163, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 37.271 and the Commodity Channel Index (CCI) at 0.838 further confirm a 0.29 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, RIG is trading above its 60-day moving average of $6.403 and above its 200-day long-term moving average of $4.572. Key price levels to watch include the immediate resistance at $7.061 and strong support at $6.031. A break above $7.061 could signal a bull continuation, while falling below $6.031 may test the next Fibonacci floor at $5.475.

Transocean Ltd (RIG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	5.001	5.475	6.031	6.505	7.061	7.535	8.091
Fibonacci	5.475	5.869	6.112	6.505	6.899	7.142	7.535

Transocean Ltd (RIG) Technical Indicators

2026-05-08

Name	Value
RSI_14	49.627
STOCHk_14_3_3	37.271
STOCHd_14_3_3	42.021
CCI_20	0.838
AO_5_34	-0.095
MOM_10	0.29
MACD_12_26_9	0.0163

Transocean Ltd (RIG) Relative Strength Index (RSI) is 49.627, creating a Neutral signal.

Transocean Ltd (RIG) Stochastic Oscillator is 37.271, creating a Neutral signal.

Transocean Ltd (RIG) Stochastic RSI is 42.021, creating a Neutral signal.

Transocean Ltd (RIG) Commodity Channel Index (CCI) is 0.838, creating a Neutral signal.

Transocean Ltd (RIG) Awesome Oscillator is -0.095, creating a Sell signal.

Transocean Ltd (RIG) Momentum is 0.29, creating a Buy signal.

Transocean Ltd (RIG) MACD is 0.0163, creating a Buy signal.

Transocean Ltd (RIG) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	6.386	Buy
MA_10	6.586	Sell
MA_20	6.364	Buy
MA_60	6.403	Sell
MA_200	4.572	Buy
MA_250	4.209	Buy

Transocean Ltd (RIG) 5-Day simple moving average is 6.386, while Transocean Ltd (RIG) share price is $6.4, making it a Buy.

Transocean Ltd (RIG) 10-Day simple moving average is 6.586, while Transocean Ltd (RIG) share price is $6.4, making it a Sell.

Transocean Ltd (RIG) 20-Day simple moving average is 6.364, while Transocean Ltd (RIG) share price is $6.4, making it a Buy.

Transocean Ltd (RIG) 60-Day simple moving average is 6.403, while Transocean Ltd (RIG) share price is $6.4, making it a Sell.

Transocean Ltd (RIG) 200-Day simple moving average is 4.572, while Transocean Ltd (RIG) share price is $6.4, making it a Buy.

Transocean Ltd (RIG) 250-Day simple moving average is 4.209, while Transocean Ltd (RIG) share price is $6.4, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for RIG?

The overall technical consensus for Transocean Ltd (RIG) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 2 sell signals.

What are the key support and resistance levels for Transocean Ltd (RIG) today?

Based on pivot point calculations, Transocean Ltd (RIG) has an immediate support level at 6.031 and a major resistance level at 7.061. Traders also monitor the pivot point at 6.505 to determine the intraday trend direction.

Is Transocean Ltd (RIG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Transocean Ltd (RIG) is currently 49.627. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Transocean Ltd (RIG)?

Transocean Ltd (RIG) Moving Averages Convergence Divergence (MACD) indicator is 0.0163, suggesting RIG is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Transocean Ltd.

How is Transocean Ltd (RIG) performing relative to its 200-day moving average?

Transocean Ltd (RIG) is currently trading at $6.4, which is above its 200-day simple moving average of 4.572. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.