Pre-Market Technical Momentum: Weatherford Intl., Schlumberger, FMC Technologies, and Basic Energy Services PR Newswire LONDON, January 16, 2014 LONDON, January 16, 2014 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Wednesday, January 15, 2014, the U.S. equity market ended on a positive note with the S&P 500 ending the day at 1,848.38, up 0.52%; the Dow Jones Industrial Average closing at 16,481.94, up 0.66%; and the NASDAQ Composite finishing at 4,214.88, up 0.76%. The S&P 500 Energy Sector Index edged 0.32% lower to end the day at 634.47; and the S&P 500 Oil & Gas Equipment & Services Sub Industry Index closed at 635.68, down 0.01%. The S&P 500 Oil & Gas Equipment & Services Sub Industry Index has advanced 0.14% in the previous three trading sessions and 1.89% in the last one month, underperforming the S&P 500, which has advanced 0.33% and 4.12% during the respective periods. 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). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ Weatherford International Ltd's stock edged 0.69% higher on Wednesday, tracking gains in the broader market. The company's shares ended the day at $14.62, after oscillating between $14.39 and $14.72 during the trading session. A total of 11.70 million shares were traded, which is above the daily average volume of 7.30 million. Despite Wednesday's gains, the company's shares have fallen by 0.61% in the last one month and 7.70% in the previous three months, underperforming the S&P 500, which has advanced 4.12% and 8.85% during the respective periods. Furthermore, Weatherford International Ltd's stock is trading at par with its 200-day moving average. Sign up for free report on WFT at: http://www.AAAResearchReports.com/WFT011614.pdf On Wednesday, Schlumberger Ltd's stock ended the day at $88.89, which is 0.02% higher than the previous day's closing price of $88.87. The company's shares vacillated between $87.90 and $89.30 during the trading session. A total of 6.80 million shares were traded, which is above the daily average volume of 5.89 million. The company's shares have gained 0.82% in the previous three trading sessions and 2.92% in the last one month, compared to a gain of 0.33% and 4.12% in the S&P 500 during the respective periods. Additionally, Schlumberger Ltd's stock is trading above its 200-day moving average of $82.45. SLB free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/SLB011614.pdf Shares in FMC Technologies Inc. fell 1.37% on Wednesday, closing the day at $51.20. The company's shares fluctuated between $51.14 and $51.99 during the trading session. A total of 1.66 million shares were traded, which is below the daily average volume of 2.08 million. The company's shares have fallen by 0.70% in the last one month and 11.50% in the previous three months, underperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. However, FMC Technologies Inc.'s stock is trading above its 50-day moving average of $50.49. A free report on FTI can be accessed by registering at: http://www.AAAResearchReports.com/FTI011614.pdf On Wednesday, shares in Basic Energy Services Inc. posted gains to end the day at $16.57, up 2.22% from the previous day's closing price of $16.21. The company's shares vacillated between $16.42 and $17.31 during the trading session. A total of 1.97 million shares were traded, which is above the daily average volume of 0.90 million. The company's shares have surged 15.39% in the last one month and 34.93% in the previous three months, outperforming the S&P 500, which has advanced 4.12% and 8.85% during the respective periods. Moreover, Basic Energy Services Inc.'s stock is trading above its 50-day and 200-day moving averages of $15.37 and $13.53, respectively. Register with AAA Research Reports and download research on BAS for free at: http://www.AAAResearchReports.com/BAS011614.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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Pre-Market Technical Momentum: Weatherford Intl., Schlumberger, FMC Technologies, and Basic Energy Services
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