Is RIG Worth Buying in 2026?

Transocean LTD.

STOCK DRILLING OIL & GAS WELLS Updated 2026-08-16

Here’s whether Transocean LTD. (RIG) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.

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Neutral

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); RSI 63 — healthy momentum range; strong 1-year return of +91.4%. Concerns: 50-day MA is falling (-3.62% over 10 days); 3-month momentum negative (-18.2%). Currently 24.8% off its 52-week high. Score: +3/7.

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RIG is in a confirmed uptrend, trading above both its 50-day ($5.37) and 200-day ($5.42) moving averages. An RSI of 62.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +91.4% compares to +20.4% for SPY (beat the market by 71.0%). The current 24.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $19,136 today
vs. S&P 500 (SPY) — same period beat market by 71.0%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($5.42)
Above 50-day MA ($5.37)
RSI(14) neutral zone (30–70) — currently 62.9
Positive return (+91.4%)
!Within 10% of period high (−24.8%)
Period Range $5.76
$2.76 $7.66
RSI (14) 62.9
0 · OversoldOverbought · 100

Key Metrics

Price$5.76
Period Return+91.4%
Period High$7.66
Period Low$2.76
Drawdown−24.8%
MA-50$5.37
MA-200$5.42
RSI (14)62.9
Avg Volume (30d)42.9M
vs. SPYbeat by 71.0%
Return Rank#176 of 1252

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