Pre-Market Review on Weatherford Intl., Superior Energy Services, National Oilwell Varco, Schlumberger, and FMC Technologies

  Pre-Market Review on Weatherford Intl., Superior Energy Services, National
              Oilwell Varco, Schlumberger, and FMC Technologies

PR Newswire

LONDON, March 6, 2013

LONDON, March 6, 2013 /PRNewswire/ --

Basic Material sector followed the lead of broader market and ended higher.
The markets also shrugged off issues like spending cuts and slow economic
growth to touch new record highs. The Dow Jones closed its latest session at
14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to finish at
3,224.13. Similarly, S&P also ended at a positive note at 1,539.79, up 0.96
percent. Our research team took a look at the Oil & Gas Equipment & Services
industry which includes major companies like Weatherford International Ltd
(NYSE: WFT), Superior Energy Services Inc. (NYSE: SPN), Schlumberger Limited
(NYSE: SLB), Schlumberger Limited (NYSE: SLB) and FMC Technologies Inc. (NYSE:
FTI). StockCall analysts initiated preliminary technical research on WFT, SPN,
NOV, SLB, and FTI. These free reports are accessible by signing today at

Weatherford International Ltd's stock is in a neutral mode and is trading
above its 20-day SMA of $11.22. It ended its latest trading session 2.47
percent higher at $11.60, and the stock oscillated in the range of $11.27 and
$11.73 during Tuesday's session. The stock trades at beta of 1.88. The company
is expected to face its first resistance level at $11.82. Upon breaching this
level, the stock may touch $12.60. The free technical analysis on WFT is
available by signing up at

Superior Energy Services Inc.'s stock closed at $26.02, 2 percent up. The
stock traded in the range of $25.63 and $26.08 during yesterday's session and
is currently above it 20-day moving average price of $25.97. Superior Energy
Services Inc. gained 25.58 percent so far this year. Its Price/Earnings ratio
is 11.41. The company's stock is in a bullish phase and its first resistance
level is at $26.97. On the downside, its first support is at $25.89. Upon
breaching this level, its second support level is at $25.01. Register now to
download the free research on SPN at

Despite a sharp upward movement in Tuesday's session, National Oilwell Varco
Inc. is still down 1.93 percent for the year. It has gained 18.49 percent in
the past 52 weeks. The stock closed 1.06 percent lower at $67.03 on volume of
3 million shares. Its average trading volume stands at 4.62 million shares.
The company's shares currently face resistance at around $68.54. The stock has
support at around $66.23. It is currently trading below its 20-day and 50-day
moving averages, which is a neutral signal. Free report on NOV can be accessed
by registering at

Schlumberger Ltd traded in the range of $76.28 and $77.60 during yesterday's
trading session. It opened at $77.24 and closed at $76.95, up 0.59 percent.
The stock is currently in a bullish mode and has its first resistance level at
$77.83. Upon breaching this level, Schlumberger may go as high as $78.58. It
traded 8.96 million shares and is below its 20-day moving average price. Its
first support level is at $75.91. So far in 2013, the stock is up 11.04
percent. Register with StockCall and download the research on SLB for free at

In-line with the upward movement shown by broad market indices, FMC
Technologies Inc.'s stock finished 1.02 percent up at $51.32, with volume down
from daily average of 2.23 million to 1.75 million. The stock is up so far in
2013 with its year-to-date gain at 19.82 percent. However, the stock currently
shows a bullish trend which is further confirmed by the stock's MACD chart.
FMC Technologies has its first support level at $50.27. In the coming trading
sessions, the stock is likely to go as high as $53.05. Read the full free
research on FTI by signing up to StockCall at

About is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at 


Contact: Contact Person: William T. Knight, Email:, Contact
Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
Press spacebar to pause and continue. Press esc to stop.