Technical Stock Coverage for the Day: SandRidge Energy, Magnum Hunter
Resources, Transocean, and Cenovus Energy
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LONDON, December 13, 2013
LONDON, December 13, 2013 /PRNewswire/ --
On Thursday, December 12, 2013, the U.S. equity market ended on a lower note,
the S&P 500 closed the day at 1,775.50, down 0.38%; the Dow Jones Industrial
Average finished at 15,739.43, down 0.66%; and the NASDAQ Composite ended at
3,998.40, down 0.14%. The S&P 500 Energy Sector Index ended the day 0.48%
higher at 625.69; and the S&P 500 Oil, Gas and Consumable fuels Industry Group
Index closed at 639.36, up 0.39%. The S&P 500 Oil, Gas and Consumable fuels
Industry Group Index has gained 0.58% in the last one month and 2.99% in the
previous three months, compared to a gain of 0.44% and 5.47% in the S&P 500
during the respective periods. The major movers in the industry included
SandRidge Energy Inc. (NYSE: SD), Magnum Hunter Resources Corporation (NYSE:
MHR), Transocean Ltd (NYSE: RIG), and Cenovus Energy Inc. (NYSE: CVE).
AAAResearchReports.com has completed their technical analysis on SD, MHR, RIG,
and CVE and these free reports are accessible by registering at:
On Thursday, shares in SandRidge Energy Inc. advanced to end the day at $5.40,
which is 2.47% higher than the previous day's closing price of $5.27. The
company's shares fluctuated between $5.21 and $5.46 during the trading
session. A total of 10.03 million shares were traded, which is below the daily
average volume of 10.45 million. The company's shares have gained 2.66% in the
previous three trading sessions, outperforming the S&P 500, which has fallen
by 1.82%, during the same period. Additionally, SandRidge Energy Inc.'s stock
is trading below its 50-day and 200-day moving averages of $6.04 and $5.45,
respectively. Sign up for free technical research on SD at:
Shares in Magnum Hunter Resources Corp. rallied on Thursday, even as the
broader market edged lower. The company's shares closed the day 5.25% higher
at $6.42, after trading between $6.20 and $6.53. A total of 4.48 million
shares were traded, which is below the daily average volume of 5.44 million.
The company's shares have gained 19.11% in the previous three months,
outperforming the S&P 500, which has advanced 5.47%, during the same period.
Further, Magnum Hunter Resources Corp.'s stock is trading above its 200-day
moving average of $4.77. Be sure to read our latest technical research on MHR
by registering at:
On Thursday, Transocean Ltd's stock gained 0.16%, finishing the day at $48.63
after oscillating between $48.23 and $48.89 during the trading session. A
total of 2.64 million shares were traded, which is below the daily average
volume of 5.74 million. The company's shares have gained 2.62% in the previous
three months, underperforming the S&P 500, which has gained 5.47%, during the
same period. Furthermore, Transocean Ltd's stock is trading below its 50-day
and 200-day moving averages of $49.23 and $49.49, respectively. Sign up and
read the complimentary report on RIG at:
Cenovus Energy Inc.'s stock declined on Thursday, to close the day at $28.09,
down 1.47% from the previous day's closing price of $28.51. The company's
shares fluctuated between $28.02 and $28.53 during the trading session. A
total of 1.68 million shares were traded, which is above the daily average
volume of 0.87 million. The company's shares have fallen by 1.99% in the last
one month, underperforming the S&P 500, which has advanced 0.44%, during the
same period. Moreover, Cenovus Energy Inc.'s stock is trading below its 50-day
and 200-day moving averages of $29.38 and $29.72, respectively. The free
report on CVE can be downloaded by signing up now at:
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