Energy Sector Equities Technical Study -- Research on Dresser-Rand, Basic Energy Services, FMC Technologies, and Forum Energy Technologies Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 12, 2014 /PRNewswire/ --

On Friday, May 9, 2014, the NASDAQ Composite ended at 4,071.87, up 0.50%, the Dow Jones Industrial Average advanced 0.20%, to finish the day at 16,583.34, and the S&P 500 closed at 1,878.48, up 0.15%. The gains were broad based with six out of ten sectors edging higher. The S&P 500 Energy Sector Index ended the day at 685.35, down 0.18%, whereas the index has gained 5.63% in the last one month. Investor-Edge has initiated coverage on the following equities: Dresser-Rand Group Inc. (NYSE: DRC), Basic Energy Services Inc. (NYSE: BAS), FMC Technologies Inc. (NYSE: FTI) and Forum Energy Technologies Inc. (NYSE: FET). Free technical research on DRC, BAS, FTI and FET can be downloaded upon signing up at:

http://www.investor-edge.com/2406-register

On Friday, shares in Dresser-Rand Group Inc. fluctuated between $60.47 and $61.29 before ending the session 0.26% lower at $61.04. The stock reported a trading volume of 0.52 million shares, below its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 24.38. Dresser-Rand Group Inc.'s shares have fallen by 0.54% in the previous three trading sessions, while the stock has gained 6.49% in the last one month and 2.36% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $58.35 and $59.24, respectively. Moreover, shares of Dresser-Rand Group Inc. have a Relative Strength Index (RSI) of 59.33. Sign up today to read free research on DRC at:

http://www.investor-edge.com/2406-DRC-12May2014.pdf

On friday, shares in Basic Energy Services Inc. edged 0.20% lower, to close the day at $25.54. The stock recorded a trading volume of 0.70 million shares, below its three months average volume of 1.25 million shares. The stock oscillated between $25.38 and $26.05 during the session. Over the last three trading sessions and over the past one month, Basic Energy Services Inc.'s shares have fallen by 0.35% and 4.24%, respectively. However, the stock has surged 61.85% since the start of this year. The stock is trading above its 200-day moving average of $17.54, while Basic Energy Services Inc.'s 200-day moving average is lower than its 50-day moving average of $25.93. Additionally, the stock has an RSI of 45.62. Sign up today to read free research on BAS at:

http://www.investor-edge.com/2406-BAS-12May2014.pdf

On Friday, shares in FMC Technologies Inc. recorded a trading volume of 0.91 million shares, much below its three months average volume of 1.72 million shares. The stock ended the day at $55.96, which was 0.12% below its previous day's closing of $56.03, and registered an intraday range of $55.43 and $56.36. Shares of the company traded at a PE ratio of 24.86. Although FMC Technologies Inc.'s stock has lost 2.30% in the previous three trading sessions, it has gained 7.29% in the last one month and 7.18% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $53.61 and $52.78, respectively. Furthermore, shares of FMC Technologies Inc. have an RSI of 55.23. Sign up today to read free research on FTI at:

http://www.investor-edge.com/2406-FTI-12May2014.pdf

Shares in Forum Energy Technologies Inc. finished the Friday's session 0.80% higher at $31.61. A total of 0.77 million shares were traded, which was above its three months average volume of 0.54 million shares. The stock vacillated between $31.12 and $31.75 during the session. Over the last one month and the previous three months, Forum Energy Technologies Inc.'s shares have advanced 7.04% and 18.48%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 11.85%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $29.64 is greater than its 200-day moving average of $28.05. Forum Energy Technologies Inc.'s stock traded at a PE ratio of 20.82 and has an RSI of 58.83. Sign up today to read free research on FET at:

http://www.investor-edge.com/2406-FET-12May2014.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

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