Uptrend Call Working As RPC Stock Rises 28.2% (RES)
SmarTrend identified an Uptrend for RPC (NYSE:RES) on December 11th, 2012 at $12.16. In approximately 2 months, RPC has returned 28.18% as of today's recent price of $15.58.
RPC share prices have moved between a 52-week high of $15.71 and a 52-week low of $8.75 and are now trading 78% above that low price at $15.58 per share. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.9%.
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.