Technical Stock Coverage for the Day: SandRidge Energy, Magnum Hunter Resources, Transocean, and Cenovus Energy Editor Note: For more information about this release, please scroll to bottom. PR Newswire 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: http://www.aaaresearchreports.com/register/ 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: http://www.AAAResearchReports.com/SD121313.pdf 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: http://www.AAAResearchReports.com/MHR121313.pdf 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: http://www.AAAResearchReports.com/RIG121313.pdf 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: http://www.AAAResearchReports.com/CVE121313.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. 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Technical Stock Coverage for the Day: SandRidge Energy, Magnum Hunter Resources, Transocean, and Cenovus Energy
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