RIG
Transocean Ltd. Energy - Offshore Drilling Investor Relations →
Transocean Ltd. (RIG) closed at $6.22 as of 2026-03-20, trading 28.1% above its 200-week moving average of $4.86. The stock is currently moving closer to the line, down from 31.3% last week. With a 14-week RSI of 76, RIG is in overbought territory.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.04 ratio) is neutral — neither side is clearly dominating.
Over the past 1664 weeks of data, RIG has crossed below its 200-week moving average 19 times. On average, these episodes lasted 54 weeks. Historically, investors who bought RIG at the start of these episodes saw an average one-year return of +17.0%.
With a market cap of $6.9 billion, RIG is a mid-cap stock. The company generates a free cash flow yield of 15.4%, which is notably high. Return on equity stands at -31.7%. The stock trades at 0.8x book value.
Share count has increased 52.6% over three years, indicating dilution.
Over the past 31.9 years, a hypothetical investment of $100 in RIG would have grown to $72, compared to $2496 for the S&P 500. RIG has returned -1.0% annualized vs 10.6% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 7 open-market purchases totaling $54,711,400. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: RIG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After RIG Crosses Below the Line?
Across 19 historical episodes, buying RIG when it crossed below its 200-week moving average produced an average return of +17.0% after 12 months (median +12.0%), compared to +13.5% for the S&P 500 over the same periods. 53% of those episodes were profitable after one year. After 24 months, the average return was +35.2% vs +22.8% for the index.
Each line shows $100 invested at the moment RIG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
RIG has crossed below its 200-week MA 19 times with an average 1-year return of +17.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1994 | May 1994 | 3 | 8.5% | +42.6% | -24.4% |
| Aug 1994 | Sep 1994 | 7 | 5.1% | +81.8% | -25.1% |
| Nov 1994 | Nov 1994 | 1 | 0.4% | +83.0% | -26.6% |
| Dec 1994 | Jan 1995 | 6 | 5.6% | +117.3% | -23.0% |
| Aug 1998 | Sep 1998 | 2 | 11.3% | +29.5% | -73.8% |
| Oct 1998 | Oct 1998 | 1 | 10.1% | +1.2% | -74.7% |
| Nov 1998 | Aug 1999 | 37 | 34.4% | +2.8% | -77.7% |
| Aug 1999 | Sep 1999 | 1 | 0.7% | +82.9% | -79.5% |
| Sep 1999 | Jan 2000 | 15 | 26.5% | +81.7% | -78.5% |
| Jan 2000 | Jan 2000 | 1 | 7.2% | +36.6% | -78.7% |
| Dec 2000 | Dec 2000 | 1 | 8.3% | -11.7% | -81.1% |
| Jul 2001 | Apr 2002 | 42 | 33.0% | -28.9% | -82.4% |
| Jun 2002 | Aug 2004 | 117 | 47.0% | -31.2% | -80.7% |
| Sep 2008 | Jun 2018 | 508 | 73.4% | -13.5% | -91.7% |
| Jul 2018 | Jul 2018 | 1 | 1.8% | -54.4% | -51.1% |
| Aug 2018 | Sep 2018 | 6 | 14.9% | -65.5% | -50.5% |
| Oct 2018 | Oct 2022 | 211 | 91.5% | -62.8% | -49.0% |
| Dec 2022 | Dec 2022 | 1 | 3.3% | +56.8% | +66.8% |
| Sep 2024 | Jan 2026 | 72 | 55.3% | -25.5% | +51.0% |
| Average | 54 | — | +17.0% | — |
Frequently Asked Questions
Is RIG below its 200-week moving average?
No. Transocean Ltd. (RIG) is currently 28.1% above its 200-week moving average of $4.86. It would need to fall to $4.86 to cross below the line.
What is RIG's 200-week moving average price?
Transocean Ltd.'s 200-week moving average is $4.86 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when RIG drops below its 200-week moving average?
RIG has crossed below its 200-week moving average 19 times in our data. On average, buying at that moment produced a one-year return of +17.0%. These dips have historically been decent entry points. These episodes lasted 54 weeks on average.
Is RIG a good value right now?
Here's what our data says about RIG as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 76 (overbought). Free cash flow yield is 15.4%. Return on equity is -31.7%. Price-to-book is 0.8x. This is not a buy or sell recommendation — always do your own research.
How does RIG compare to the S&P 500?
Over the past 31.9 years, $100 invested in RIG would have grown to $72, compared to $2496 for the S&P 500. That's -1.0% annualized vs 10.6% for the index. RIG has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20