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Pre-Market Review on Weatherford Intl., Superior Energy Services, National Oilwell Varco, Schlumberger, and FMC Technologies

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Wed Mar 6, 2013 8:01am EST

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LONDON,  March 6, 2013  /PRNewswire/ --

Basic Material sector followed the lead of broader market and ended higher. The
markets also shrugged off issues like spending cuts and slow economic growth to
touch new record highs. The Dow Jones closed its latest session at 14,253.77, up
0.89 percent while NASDAQ was up 1.32 percent to finish at 3,224.13. Similarly,
S&P also ended at a positive note at 1,539.79, up 0.96 percent. Our research
team took a look at the Oil & Gas Equipment & Services industry which includes
major companies like Weatherford International Ltd (NYSE: WFT), Superior Energy
Services Inc. (NYSE: SPN), Schlumberger Limited (NYSE: SLB), Schlumberger
Limited (NYSE: SLB) and FMC Technologies Inc. (NYSE: FTI). StockCall analysts
initiated preliminary technical research on WFT, SPN, NOV, SLB, and FTI. These
free reports are accessible by signing today at

http://www.stockcall.com/register

Weatherford International Ltd's stock is in a neutral mode and is trading above
its 20-day SMA of  $11.22. It ended its latest trading session 2.47 percent
higher at  $11.60, and the stock oscillated in the range of  $11.27  and  $11.73
 during Tuesday's session. The stock trades at beta of 1.88. The company is
expected to face its first resistance level at  $11.82. Upon breaching this
level, the stock may touch  $12.60. The free technical analysis on WFT is
available by signing up at

http://www.StockCall.com/WFT030613.pdf

Superior Energy Services Inc.'s stock closed at  $26.02, 2 percent up. The stock
traded in the range of  $25.63  and  $26.08  during yesterday's session and is
currently above it 20-day moving average price of  $25.97. Superior Energy
Services Inc. gained 25.58 percent so far this year. Its Price/Earnings ratio is
11.41. The company's stock is in a bullish phase and its first resistance level
is at  $26.97. On the downside, its first support is at  $25.89. Upon breaching
this level, its second support level is at  $25.01. Register now to download the
free research on SPN at

http://www.StockCall.com/SPN030613.pdf

Despite a sharp upward movement in Tuesday's session, National Oilwell Varco
Inc. is still down 1.93 percent for the year. It has gained 18.49 percent in the
past 52 weeks. The stock closed 1.06 percent lower at  $67.03  on volume of 3
million shares. Its average trading volume stands at 4.62 million shares. The
company's shares currently face resistance at around  $68.54. The stock has
support at around  $66.23. It is currently trading below its 20-day and 50-day
moving averages, which is a neutral signal. Free report on NOV can be accessed
by registering at

http://www.StockCall.com/NOV030613.pdf

Schlumberger Ltd traded in the range of  $76.28  and  $77.60  during yesterday's
trading session. It opened at  $77.24  and closed at  $76.95, up 0.59 percent.
The stock is currently in a bullish mode and has its first resistance level at 
$77.83. Upon breaching this level, Schlumberger may go as high as  $78.58. It
traded 8.96 million shares and is below its 20-day moving average price. Its
first support level is at  $75.91. So far in 2013, the stock is up 11.04
percent. Register with StockCall and download the research on SLB for free at

http://www.StockCall.com/SLB030613.pdf

In-line with the upward movement shown by broad market indices, FMC Technologies
Inc.'s stock finished 1.02 percent up at  $51.32, with volume down from daily
average of 2.23 million to 1.75 million. The stock is up so far in 2013 with its
year-to-date gain at 19.82 percent. However, the stock currently shows a bullish
trend which is further confirmed by the stock's MACD chart. FMC Technologies has
its first support level at  $50.27. In the coming trading sessions, the stock is
likely to go as high as  $53.05. Read the full free research on FTI by signing
up to StockCall at

http://www.StockCall.com/FTI030613.pdf

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SOURCE  StockCall.com


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