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RIG forms Pocket Pivot on September 12

Transocean Ltd (Switzerland) (RIG) — Nightly Technical Analysis · Sep 12, 2025, 17:37 ET
On Friday, September 12th, RIG moved up 1.23% while volume was to 1.0× the usual levels. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 3.25, 3.2 & 3.16, with resistance at 3.34, 3.38 & 3.43. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of RIG: C

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Transocean Ltd. (RIG)