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RIG forms Pocket Pivot on July 17

Transocean Ltd (Switzerland) (RIG) — Nightly Technical Analysis · Jul 17, 2026, 17:50 ET
RIG posted a 0.39% gain on Friday, July 17th, accompanied by 1.1× normal trading volume. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 5.07, 5.01 & 4.95, with resistance at 5.19, 5.25 & 5.31.

Current SwingTradeBot Technical Rating of RIG: D

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Transocean Ltd. (RIG)