• Return to Headlines

Uptrend Call Working As Diamond Offshore Stock Rises 28.5% (DO)

By Shiri Gupta

SmarTrend identified an Uptrend for Diamond Offshore (NYSE:DO) on February 26th, 2018 at $15.31. In approximately 3 months, Diamond Offshore has returned 28.52% as of today's recent price of $19.67.

Diamond Offshore share prices have moved between a 52-week high of $26.49 and a 52-week low of $10.05 and are now trading 96% above that low price at $19.67 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

Diamond Offshore Drilling, Inc. is a global offshore oil and gas drilling contractor. The Company is a deep water driller that serves markets that include the deep water, harsh environment, conventional semisubmersible and jack-up markets.

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

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

Keywords: spotlights diamond offshore

Ticker(s): DO