Watch

RIGTransocean LTD.

-25.3%
from rolling 252-day high of $7.66 set 2026-05-19 · 86d ago
Current
$5.72
Decline depth
-25.3%
Decline σ
1.7σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$RIG landed on the list 2026-06-17, down 27.2% from its 52-week high that day — now down -25.3%.

It has clawed back 2.4 percentage points off that level. It bottomed 36.4% below that high along the way.

Decline from the 52-week high as it stood on 2026-06-17 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

RIG qualifies for the Watch on decline depth.

Decline depth
-25.3%
From rolling 252-day high of $7.66, 86d ago. Past the 20% Watch threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
1.7σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (3.1% per day).

The structural read

What price action says about RIG.

RIG qualifies for the Watch on decline depth — down -25.3% from its rolling 252-day high.

Questions about RIG

What people ask.

Why is RIG on Broken Stocks?

RIG qualifies for the Watch on decline depth. It is down -25.3% from its rolling 252-day high of $7.66, set on 2026-05-19 — 86d ago.

Is RIG a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. RIG is down -25.3% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is RIG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is RIG trading inside its 52-week range?

At $5.72, RIG sits 32.2% of the way from its 52-week low ($4.80) to its 52-week high ($7.66). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has RIG been declining?

The current 25.3% decline accrued over 86d, which annualizes to roughly -107.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.