RIGTransocean LTD.
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.
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.