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#25) TRANSOCEAN LTD(RIG) Forecast Chart for Aug 26, 2019*
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August 23, 2019 (RicochetTrader.com)

Forecast chart for TRANSOCEAN LTD ( RIG ) for the next 15 trading days, starting on August 26, 2019

On August 23, 2019 TRANSOCEAN LTD had a closing price of $4.25 with 22,361,400 shares traded. The trading liquidity was $95.04M. The forecast predicted average opening price for trading date August 26, 2019 is $4.27.

Summary Information for TRANSOCEAN LTD ( RIG ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.5470% occurs on day 3 where there is a 10% chance that RIG will rise to $4.71 (+10.26%) and there is a 10% chance it will fall to $3.76 (-11.91%). There is a 20% that RIG will cross one of these price levels in 3 days, and adding the returns of +10.26% and -11.91% yields a net composite return of -1.65%. A net return of -1.65% in 3 days is an EDR of -0.5470% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.7571% occurs on day 2 where there is a 20% chance that RIG will rise to $4.51 (+5.69%) and there is a 20% chance it will fall to $3.96 (-7.21%). There is a 40% that RIG will cross one of these price levels in 2 days, and adding the returns of +5.69% and -7.21% yields a net composite return of -1.52%. A net return of -1.52% in 2 days is an EDR of -0.7571% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.5898% occurs on day 4 where there is a 30% chance that RIG will rise to $4.48 (+4.84%) and there is a 30% chance it will fall to $3.96 (-7.22%). There is a 60% that RIG will cross one of these price levels in 4 days, and adding the returns of +4.84% and -7.22% yields a net composite return of -2.38%. A net return of -2.38% in 4 days is an EDR of -0.5898% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.5773% occurs on day 5 where there is a 40% chance that RIG will rise to $4.39 (+2.90%) and there is a 40% chance it will fall to $4.02 (-5.82%). There is a 80% that RIG will cross one of these price levels in 5 days, and adding the returns of +2.90% and -5.82% yields a net composite return of -2.92%. A net return of -2.92% in 5 days is an EDR of -0.5773% per day.

* The forecast for TRANSOCEAN LTD (RIG) was made using market data after the close on August 23, 2019 but is generated for the next trading day, or August 26, 2019