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RPC Up 25.6% Since SmarTrend Uptrend Call (RES)

By David Diaz

SmarTrend identified an Uptrend for RPC (NYSE:RES) on May 26th, 2016 at $14.71. In approximately 5 months, RPC has returned 25.60% as of today's recent price of $18.47.

RPC share prices have moved between a 52-week high of $18.88 and a 52-week low of $8.45 and are now trading 119% above that low price at $18.47 per share. The 200-day and 50-day moving averages have moved 0.25% higher and 0.56% higher over the past week, respectively.

RPC, Inc. provides specialized oilfield services and equipment to independent and major oilfield companies. The Company's services include snubbing services, coiled tubing services, pressure pumping services, marine services, firefighting and well control, and rental of drill pipe and other equipment.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of RPC shares.

Log in and add RPC (RES) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights

Ticker(s): RES RPC