TMCnet News
22.6% Return Seen to Date on SmarTrend Newpark Resources Call (NR)Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Newpark Resources (NYSE:NR) on November 29th, 2012 at $7.83. In approximately 4 months, Newpark Resources has returned 22.56% as of today's recent price of $9.59. In the past 52 weeks, Newpark Resources share prices have been bracketed by a low of $5.19 and a high of $9.69 and are now at $9.59, 85% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.4%. Newpark Resources, Inc. provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. Services include processing and disposal of oilfield exploration and production waste and drilling fluids, along with associated engineering and technical services, and fluids processing and recycling services at the rig site. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Newpark Resources shares.Log in and add Newpark Resources (NR) 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 [email protected] --------------------------------------------------------------------------------------------- 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 |