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TMCNet:  Transocean Has Returned 16.4% Since SmarTrend Recommendation (RIG)

[January 18, 2013]

Transocean Has Returned 16.4% Since SmarTrend Recommendation (RIG)

Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Transocean (NYSE:RIG) on January 3rd, 2013 at $47.77. In approximately 2 weeks, Transocean has returned 16.37% as of today's recent price of $55.59.
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In the past 52 weeks, Transocean share prices have been bracketed by a low of $39.32 and a high of $59.03 and are now at $55.59, 41% above that low price. The 200-day and 50-day moving averages have moved 0.01% higher and 1.34% higher over the past week, respectively.

Transocean Ltd. is an offshore drilling contractor. The Company owns or operates mobile offshore drilling units, inland drilling barges, and other assets utilized in the support of offshore drilling activities worldwide. Transocean specializes in technically demanding segments of the offshore drilling business, including deepwater and harsh environment drilling services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Transocean shares.Log in and add Transocean (RIG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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