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RIG forms Pocket Pivot on July 30

SwingTradeBot Nightly Stock Scan: Transocean Ltd (Switzerland) (RIG) — Technical Patterns & Alerts · Jul 30, 2026, 17:42 ET
RIG finished higher by 2.42% on Thursday, July 30th, trading 2.5 times its typical volume. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 4.96, 4.84 & 4.78, with resistance at 5.14, 5.2 & 5.32. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of RIG: C

There’s more where that came from. See all of today’s signals for RIG here.

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Transocean Ltd. (RIG)