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27.8% Return Seen to Date on SmarTrend Dawson Geophysical Call (DWSN)
[May 23, 2012]

27.8% Return Seen to Date on SmarTrend Dawson Geophysical Call (DWSN)


May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Dawson Geophysical (NASDAQ:DWSN) on March 21st, 2012 at $34.32. In approximately 2 months, Dawson Geophysical has returned 27.80% as of today's recent price of $24.78.

Over the past year, Dawson Geophysical has traded in a range of $21.57 to $50.81 and is now at $24.78, 15% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.1%.

Dawson Geophysical Company acquires and processes three-dimensional seismic data used by third-party clients to analyze subsurface geological conditions for potential oil and natural gas accumulation. The Company operates land-based acquisition crews, primarily in the western United States, for major- and intermediate-sized oil and gas companies and independent oil operators.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Dawson Geophysical.

Log in and add Dawson Geophysical (DWSN) 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

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