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RIG Fell Below 20 Day Moving Average on July 16

Transocean Ltd (Switzerland) (RIG) — Nightly Technical Analysis · Jul 16, 2026, 17:34 ET
RIG finished lower by 1.35% on Thursday, July 16th, trading 0.9 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 5.08, 5.03 & 4.97, with resistance at 5.2, 5.26 & 5.31.

Current SwingTradeBot Technical Rating of RIG: D

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Transocean Ltd. (RIG)