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Actionable news in RIG: TRANSOCEAN Ltd.,

Trade-Ideas: Transocean (RIG) Is Today's Weak On High Relative Volume Stock

Trade-Ideas LLC identified Transocean ( RIG) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Transocean as such a stock due to the following factors:

  • RIG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $139.8 million.
  • RIG has traded 2.6 million shares today.
  • RIG is trading at 2.36 times the normal volume for the stock at this time of day.
  • RIG is trading at a new low 6.01% below yesterday's close.

'Weak on High...


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