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Rpc Inc Down 11.8% Since SmarTrend Downtrend Call (RES)

By David Diaz

SmarTrend identified a Downtrend for Rpc Inc (NYSE:RES) on May 29th, 2018 at $16.91. In approximately 1 month, Rpc Inc has returned 11.77% as of today's recent price of $14.92.

In the past 52 weeks, Rpc Inc share prices have been bracketed by a low of $13.55 and a high of $27.07 and are now at $14.92, 10% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 1.4%.

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 changes in momentum for shares of Rpc Inc.

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

Keywords: spotlights rpc inc

Ticker(s): RES