March 31, 2016

RIG: Transocean technical analysis charts

On Wednesday, compared to Tuesday, price action opened lower (8.66, vs

Tuesday's close of 8.88), saw a higher high (9.24, vs Tuesday's high of 8.97) and

higher low (8.54, vs Tuesday's low of 8.50); and closed higher (8.89, vs Tuesday's

close of 8.88). The day's range was 70 ticks.

On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 6th

consecutive close below the middle of the Bollinger Band envelope (10.66). The

Bollinger Bands (8.45-12.87) are diverging; and widened from a width of 437 ticks

on Tuesday to a width of 442 ticks on Wednesday.

The RSI (38.43) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

March 31, 2016

The MACD 12 day moving average is below the MACD 26 day moving average;

both are above zero.

The Slow Stochastics, below, are in negative mode, with the K line below the D

line.

The Commodity Channel Index (-123.51), below, is in negative mode below the

overbought 200 level.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose

towards the bottom of the 20 day moving average envelope (10.66). The

parameters of the envelope (10.34-10.98) are pointing lower.

March 31, 2016

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (9.15, moving down) is below the 20 day moving average (10.66, moving

down); in negative mode. The 3-50 day strip of moving averages ranges from the

3 day moving average (9.03) at the bottom of the range to the 20 day moving

average (10.66) at the top of the range.

March 31, 2016

The Parabolic Stop and Reverse (11.16) below is in the 11th day of sell mode.

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 4th

consecutive close below the middle of the Bollinger Bands envelope (11.09). The

Bollinger Bands (7.47-14.71) are pointing lower; contracting from a width of 745

ticks on Tuesday to a width of 724 ticks on Wednesday.