Intraday price change for RIG is about $0.30 from the day's low to the day's high.
The previous business day's price range from the open of $9.18 is expected to range from a low of $9.05 to a high of $9.35.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $9.13 and $9.23 assuming average price movements.
Note that events including news, RIG earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on September 11th
and closed on September 12th, for a holding time of 0.5 hours.
Signals with this combination of indicators have an average holding time of 3-4 business days.