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RIG forms 20 Day Moving Average Resistance on July 20
RIG posted a 2.33% loss on Monday, July 20th, accompanied by 0.7× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 4.94, 4.85 & 4.71, with resistance at 5.17, 5.31 & 5.4.
Current SwingTradeBot Technical Rating of RIG: D
See all signals and full analysis for RIG on SwingTradeBot.com →
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