Is Transocean Ltd. technically bullish or bearish?
As of May 8, 2025, Transocean Ltd. exhibits a mildly bearish trend due to daily moving averages and monthly indicators signaling weakness, despite some weekly bullish signals and underperformance against the S&P 500.
As of 8 May 2025, the technical trend for Transocean Ltd. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD and KST both showing bearish signals. While the weekly MACD and Dow Theory are mildly bullish, the overall monthly indicators, including Bollinger Bands and KST, suggest weakness. The RSI shows a bullish signal on the monthly timeframe but lacks clarity on the weekly. The stock has underperformed significantly compared to the S&P 500 over various time frames, further supporting the bearish outlook.
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