AAAResearchReports.com Technical Groundwork: Nabors Industries, Noble Corp., Pengrowth Energy, and Vantage Drilling
LONDON, January 15, 2014 /PRNewswire/ --
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On Tuesday, January 14, 2014, the U.S. equity market finished the day on a higher note as the S&P 500 ended the day at 1,838.88, up 1.08%; the Dow Jones Industrial Average closed at 16,373.86, up 0.71%; and the NASDAQ Composite finished at 4,183.02, up 1.69%. The S&P 500 Energy Sector Index advanced to end the day 1.09% higher at 636.50. The S&P 500 Oil and Gas Drilling Sub Industry Index has gained 1.61% to close at 497.44; while the same has fallen by 0.64% in the previous three trading sessions and 0.29% in the last three months, underperforming the S&P 500, which has gained 0.04% and 7.53% during the respective periods. The major movers in the sector included Nabors Industries Ltd (NYSE: NBR), Noble Corporation Plc (NYSE: NE), Pengrowth Energy Corporation (NYSE: PGH), and Vantage Drilling Company (NYSE MKT: VTG). AAAResearchReports.com has completed their technical analysis on NBR, NE, PGH, and VTG and these free reports are accessible by registering at:
Nabors Industries Ltd.'s stock gained 1.15% on Tuesday, closing the day at $16.72, after trading between $16.59 and $16.85. A total of 4.20 million shares were traded, which is above the daily average volume of 3.57 million. The company's shares have gained 0.48% in the previous three trading sessions and 6.36% in the last one month, outperforming the S&P 500, which has advanced 0.04% and 3.58% during the respective periods. Additionally, Nabors Industries Ltd's stock is trading above its 200-day moving average of $16.19. Sign up for free technical research on NBR at:
On Tuesday, Noble Corp. Plc's stock advanced to end at $36.02, up 2.42% from the previous day's closing price of $35.17. The company's shares vacillated between $35.28 and $36.05 during the trading session. A total of 2.72 million shares were traded, which is below the daily average volume of 3.22 million. Despite Tuesday's gains, the company's shares have fallen by 1.45% in the last one month and 4.86% in the previous three months, underperforming the S&P 500, which has advanced 3.58% and 7.53% during the respective periods. Moreover, Noble Corp. Plc's stock is trading below its 50-day and 200-day moving averages of $37.74 and $38.30, respectively. Be sure to read our latest technical research on NE by registering at:
Shares in Pengrowth Energy Corp ended the day at $5.96 on Tuesday, down 1.16% from the previous day's closing price of $6.03. The company's shares fluctuated between $5.94 and $6.02 during the trading session. A total of 1.64 million shares were traded, which is above the daily average volume of 1.34 million. The company's shares have fallen by 5.10% in the last one month and 6.14% in the previous three months, underperforming the S&P 500, which has gained 3.58% and 7.53% during the respective periods. However, Pengrowth Energy Corp.'s stock is trading above its 200-day moving average of $5.65. Sign up and read the complimentary report on PGH at:
On Tuesday, shares in Vantage Drilling Co. advanced, tracking gains in the broader market. The company's shares traded between $1.87 and $1.90 before ending the day 1.60% higher at the intra-day high of $1.90. A total of 0.43 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have gained 5.56% in the last one month and 9.83% in the previous three months, outperforming the S&P 500, which has advanced 3.58% and 7.53% during the respective periods. Further, Vantage Drilling Co.'s stock is trading above its 50-day and 200-day moving averages of $1.84 and $1.80, respectively. The free report on VTG can be downloaded by signing up now at:
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