- Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
- RSI is at a high level of 82. A high level of RSI indicates the stock is overbought.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
On Tuesday, shares of Transocean (NYSE:RIG) saw unusual options activity. After the option alert, the stock price moved up to $2.96. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2021-05-21 * Strike Price: $1.50 * Volume: 200 * Open Interest: 1383Three Ways Options Activity Is 'Unusual'Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refer...
Energy stocks had a rough year in 2020. Oil prices went negative for a brief moment and demand is down because people are traveling less during the pandemic. To make matters worse, the transition from fossil fuels to renewable energy continues in the electricity sector, leaving coal in the dust.
Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.
The energy services provider had a good month along with oil prices. Here is what's taking shape.
Transocean (RIG) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
4 Oil & Gas Drilling Stocks to Withstand Industry Turmoil
In this article we will check out the progression of hedge fund sentiment towards Transocean Ltd (NYSE:RIG) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]