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SmarTrend Detects Continued Buying Pressure in Shares of Dril-Quip (DRQ)

Written on Sun, 03/14/2010 - 11:48am
By Chip Brian

SmarTrend identified an Uptrend for Dril-Quip (NYSE:DRQ) on February 17, 2010 at $54.80. In approximately 3 weeks, Dril-Quip has returned 13.1% as of today's recent price of $61.98.
Dril-Quip is currently above its 50-day moving average of $55.63 and above its 200-day moving average of $48.46. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Dril-Quip shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): DRQ

Contact Chip Brian



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