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TMCNet:  Harvest Natural Resources Rising on Above-Average Volume, Consistent With Trend (HNR)

[December 18, 2012]

Harvest Natural Resources Rising on Above-Average Volume, Consistent With Trend (HNR)

Dec 18, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of Harvest Natural Resources are trading up 3.7% to $9.07 today on above average volume. Today's volume of 359,000 shares tops the average 30-day volume of 238,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.


SmarTrend is tracking the current trend status for Harvest Natural Resources and will alert subscribers who have HNR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Harvest Natural Resources share prices have been bracketed by a low of $4.85 and a high of $9.94 and are now at $8.96, 85% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 0.4%.

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

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