[May 22, 2012] Key Energy Services Has Returned 29.5% Since SmarTrend Recommendation (KEG) Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Key Energy Services (NYSE:KEG) on April 10th, 2012 at $14.53. In approximately 1 month, Key Energy Services has returned 29.47% as of today's recent price of $10.25. Key Energy Services share prices have moved between a 52-week high of $20.77 and a 52-week low of $8.27 and are now trading 24% above that low price at $10.25 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3%. Key Energy Services, Inc. provides onshore, rig-based well services, including well maintenance, workover, completion and re-completion, and plugging and abandonment. The Company also provides oilfield trucking and ancillary oilfield services. In addition, Key Energy Services contracts for onshore drilling operations and produces and develops oil and natural gas reserves. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Key Energy Services. Log in and add Key Energy Services (KEG) 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 ]