Today's Technical View: National Oilwell Varco Inc., McDermott International Inc., Eldorado Gold Corp., and AuRico Gold Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, September 26, 2013 LONDON, September 26, 2013 /PRNewswire/ -- The U.S. equity market posted losses on Wednesday, September 25, 2013. The S&P 500 ended the day at 1,692.77, down 0.27%; the Dow Jones Industrial Average closed at 15,273.26, down 0.40%; and the NASDAQ Composite finished at 3,761.10, down 0.19%. Shares in the basic material - commodities sector mostly edged higher, even as the broader market ended on a lower note. The major movers in the sector included National Oilwell Varco Inc. (NYSE: NOV), McDermott International Inc. (NYSE: MDR), Eldorado Gold Corporation (NYSE: EGO), and AuRico Gold Inc. (NYSE: AUQ). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on NOV, MDR, EGO, and AUQ are currently available upon signing up at: http://www.aaaresearchreports.com/register/ Shares in National Oilwell Varco Inc. gained 0.53% on Wednesday, extending the gains from the previous trading session. The company's shares fluctuated between $78.66 and $79.88 before finishing the day at $79.10. A total of 2.34 million shares were traded, which is below the daily average volume of 2.98 million. The company's shares have surged 9.04% in the last one month and 16.89% in the previous three months, outperforming the S&P 500 which has gained 1.76% and 6.60% during the respective periods. Moreover, National Oilwell Varco Inc.'s stock is trading above its 50-day and 200-day moving averages of $74.31 and $70.33, respectively. Sign up for free technical analysis on NOV at: http://www.AAAResearchReports.com/NOV092613.pdf McDermott International Inc.'s stock edged higher on Wednesday, even as the broader market posted losses. The company's shares ended the day 0.40% higher at $7.46 after oscillating between $7.42 and $7.58. A total of 2.73 million shares were traded, which is below the daily average volume of 4.34 million. The company's shares have gained 1.50% in the previous three months, compared to a loss of 1.00% in the S&P 500 during the same period. Despite Wednesday's gains, McDermott International Inc.'s stock is trading below its 50-day and 200-day moving averages of $7.81 and $9.89, respectively. Download free report on MDR by registering at: http://www.AAAResearchReports.com/MDR092613.pdf Shares in Eldorado Gold Corp. rose sharply on Wednesday, reversing all of the losses from the previous trading session. The company's shares traded between $6.70 and $6.98 before finishing the day 1.05% higher at $6.76. A total of 5.29 million shares were traded, which is below the daily average volume of 6.95 million. The company's shares have gained 14.97% in the previous three months, outperforming the S&P 500 which has advanced 6.60% during the same period. Despite Wednesday's sharp gains, Eldorado Gold Corp.'s stock is trading below its 50-day and 200-day moving averages of $7.95 and $8.97, respectively. The free report on EGO can be downloaded by signing up now at: http://www.AAAResearchReports.com/EGO092613.pdf On Wednesday, AuRico Gold Inc.'s stock fell sharply by 1.01%, extending the losses from the previous trading session. The company's shares ended the day at $3.91 after vacillating between $3.90 and $4.06. A total of 3.53 million shares were traded, which is above the daily average volume of 3.31 million. AuRico Gold Inc.'s shares have declined by 8.00% in the previous three trading sessions, underperforming the S&P 500 which has fallen by 1.00% during the same period. Additionally, the company's stock is trading below its 50-day and 200-day moving averages of $4.52 and $5.71, respectively. A free report on AUQ can be accessed by registering at: http://www.AAAResearchReports.com/AUQ092613.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.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. AAAresearchreports.com SOURCE AAA Research Reports Contact: + 1 (646) 396-9126: Peter F. Jones: firstname.lastname@example.org
Today's Technical View: National Oilwell Varco Inc., McDermott International Inc., Eldorado Gold Corp., and AuRico Gold Inc.