SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  SmarTrend Watching for Potential Pullback in Shares of Whiting Petroleum After 1.78% Gain

[January 16, 2013]

SmarTrend Watching for Potential Pullback in Shares of Whiting Petroleum After 1.78% Gain

Jan 16, 2013 (SmarTrend(R) News Watch via COMTEX) -- Whiting Petroleum (NYSE:WLL) traded in a range yesterday that spanned from a low of $47.43 to a high of $48.25. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $48.00 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.


SmarTrend is monitoring the recent change of momentum in Whiting Petroleum. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Whiting Petroleum in search of a potential trend change.

In the past 52 weeks, Whiting Petroleum share prices have been bracketed by a low of $35.68 and a high of $63.97 and are now at $48.07, 35% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.7%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy