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Precision Drilling Corp Shares Down 13.4% Since SmarTrend's Sell Call (PDS)
Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Precision Drilling Corp (NYSE:PDS) on September 26th, 2012 at $8.01. In approximately 1 month, Precision Drilling Corp has returned 13.36% as of today's recent price of $6.94.
Precision Drilling Corp share prices have moved between a 52-week high of $12.89 and a 52-week low of $5.82 and are now trading 19% above that low price at $6.94 per share. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.9%.
Precision Drilling Corp is an integrated oilfield drilling and energy service company providing services to the oil and gas industry. The Company provides oilfield rentals, well services, catering services, and drilling services through its several business units
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Precision Drilling Corp.
Log in and add Precision Drilling Corp (PDS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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