[February 01, 2012] RPC Shares Down 16.0% Since SmarTrend's Sell Call (RES) Tweet Feb 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for RPC (NYSE:RES) on January 17th, 2012 at $18.25. In approximately 2 weeks, RPC has returned 15.98% as of today's recent price of $15.33. Over the past year, RPC has traded in a range of $14.21 to $29.05 and is now at $15.33, 8% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2%. 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 changes in momentum for shares of RPC. 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. 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 [ Back To TMCnet.com's Homepage ]