Technical Briefing: Weatherford Intl. Ltd, Schlumberger Ltd, FMC Technologies Inc., and Basic Energy Services Inc.
Technical Briefing: Weatherford Intl. Ltd, Schlumberger Ltd, FMC Technologies Inc., and Basic Energy Services Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, September 25, 2013 LONDON, September 25, 2013 /PRNewswire/ -- The U.S. equity market finished on a mixed note on Tuesday, September 24, 2013. The S&P 500 and the Dow Jones Industrial Average ended lower, while the NASDAQ Composite posted gains. Shares in the oil and gas equipment and services industry finished mostly on a higher note even as the broader market fluctuated between gains and losses. The major movers in the industry included Weatherford International Ltd (NYSE: WFT), Schlumberger Ltd (NYSE: SLB), FMC Technologies Inc. (NYSE: FTI), and Basic Energy Services Inc. (NYSE: BAS). All these companies are tracked by AAAResearchReports.com. Free technical research reports on WFT, SLB, FTI, and BAS can be accessed by signing up at: http://www.aaaresearchreports.com/register/ Shares in Switzerland-based Weatherford International Ltd rose sharply on Tuesday, extending the gains from the previous trading session. The company's shares finished the day 2.42% higher at $15.66 after fluctuating between $15.15 and $15.78 during the trading session. A total of 10.06 million shares were traded, which is above the daily average volume of 6.71 million. The company's shares have surged 19.00% in the previous three months and advanced 3.50% in the last one month, outperforming the S&P 500 which has advanced 7.90% and 2.04% during the respective periods. Further, Weatherford International Ltd's stock is trading near its 52-week high of $15.80 as well as above its 50-day and 200-day moving averages of $14.70 and $13.14, respectively. Download free report on WFT upon registration at: http://www.AAAResearchReports.com/WFT092513.pdf Schlumberger Ltd's stock rose sharply on Tuesday, finishing at $87.91, up 1.00% from the previous day's closing price of $87.04. The company's shares oscillated between $86.57 and $88.52 during the trading session. A total of 5.60 million shares were traded, which is below the daily average volume of 5.86 million. The company's stock has surged 23.40% in the last three months and 7.64% in the previous one month, compared to a gain of 7.90% and 2.04% in the S&P 500 during the respective periods. Moreover, Schlumberger Ltd's stock is trading above its 50-day and 200-day moving averages of $82.85 and $76.74, respectively. SLB technical report can be accessed for free by signing up at: http://www.AAAResearchReports.com/SLB092513.pdf Shares in FMC Technologies Inc. edged lower on Tuesday, even as the broader market ended on a mixed note. The company's shares fluctuated between $54.73 and $55.71 before closing the day 0.63% lower at $55.17. A total of 1.04 million shares were traded, which is less than the daily average volume of 1.37 million. The company's shares have gained 0.13% in the previous three months, underperforming the S&P 500 which has advanced 7.90% during the same period. Furthermore, FMC Technologies Inc.'s stock is trading above its 50-day and 200-day moving averages of $54.94 and $52.10, respectively. A free report on FTI can be accessed by registering at: http://www.AAAResearchReports.com/FTI092513.pdf Basic Energy Services Inc.'s stock rose sharply on Tuesday, extending the gains from the previous trading session. The company's shares finished the day 1.96% higher at $13.00 after fluctuating between $12.64 and $13.19 during the trading session. A total of 0.44 million shares were traded, which is below the daily average volume of 0.63 million. The company's shares have gained 0.93% in the previous three trading sessions and 8.51% in the last one month outperforming the S&P 500 which has lost 1.45% and has gained 2.04% during the respective periods. Further, Basic Energy Services Inc.'s stock is trading above its 50-day and 200-day moving averages of $12.55 and $12.94, respectively. Register with AAA Research Reports and download research on BAS for free at: http://www.AAAResearchReports.com/BAS092513.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. 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