Market Technicals Simplified: Whiting Petroleum, Concho Resources, Bill Barrett, and Rowan Cos.

LONDON, December 5, 2013 /PRNewswire/ --

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On Wednesday, December 04, 2013, the US equity market declined, as the S&P 500 ended the day at 1,792.81, down 0.13%; the Dow Jones Industrial Average closed at 15,889.77, down 0.16%; while the NASDAQ Composite finished at 4,038.00, up 0.02%. The S&P 500 Energy Sector Index ended the day at 632.34, down 0.43%, and the same has edged down 0.05% in the previous three trading sessions, outperforming the S&P 500, which has lost 0.72% during the same period.  The major movers in the sector included Whiting Petroleum Corp. (NYSE: WLL), Concho Resources Inc. (NYSE: CXO), Bill Barrett Corp. (NYSE: BBG), and Rowan Cos Plc (NYSE: RDC). AAAResearchReports.com has completed their technical analysis on WLL, CXO, BBG, and RDC and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Whiting Petroleum Corp.'s shares advanced on Wednesday, even the broader market edged lower. The company's shares closed at $61.23, up 1.51%, after oscillating between $59.91 and $61.62 during the trading session. A total of 2.09 million shares were traded, which is below the daily average volume of 2.34 million. The company's shares have gained 1.37% in the previous three trading sessions and 20.15% in the last three months, outperforming the S&P 500, which has lost 0.72% and has gained 8.45% during the respective periods. Additionally, Whiting Petroleum Corp.'s stock is trading above its 200-day moving average of $52.56. Sign up for free technical research on WLL at:

http://www.AAAResearchReports.com/WLL120513.pdf

On Wednesday, Concho Resources Inc.'s stock rose 1.33% to close the day at $105.04, after oscillating between $102.67 and $105.89 during the trading session. A total of 1.08 million shares were traded, which is below the daily average volume of 1.27 million. The company's shares have advanced 1.07% in the previous three trading sessions, outperforming the S&P 500, which has declined 0.72% during the same period. Further, Concho Resources Inc.'s stock is trading above its 200-day moving average of $95.14. Be sure to read our latest technical research on CXO by registering at:

http://www.AAAResearchReports.com/CXO120513.pdf

Bill Barrett Corp.'s stock gained 1.72% on Wednesday, finishing the day at $27.72, after oscillating between $27.02 and $27.92 during the trading session. A total of 1.01 million shares were traded, which is below the daily average volume of 1.09 million. The company's shares have gained 3.09% in the previous three trading sessions and 27.45% in the last three months, outperforming the S&P 500, which has fallen 0.72% and has gained 8.45% during the respective periods. Moreover, Bill Barrett Corp.'s stock is trading above its 50-day and 200-day moving averages of $27.10 and $22.70, respectively. Sign up and read the complimentary report on BBG at:

http://www.AAAResearchReports.com/BBG120513.pdf

Shares in Rowan Cos. Plc edged higher on Wednesday, ending the day at $34.77, which is 0.35% higher than the previous day's closing price of $34.65. The company's shares vacillated between $34.28 and $34.87 during the trading session. A total of 1.11 million shares were traded, which is below the daily average volume of 1.23 million. Rowan Cos Plc's shares have advanced 0.43% in the previous three trading sessions, outperforming the S&P 500 which has lost 0.72% during the same period. However, the company's stock is trading below its 50-day and 200-day moving averages of $36.47 and $35.13, respectively. The free report on RDC can be downloaded by signing up now at:

http://www.AAAResearchReports.com/RDC120513.pdf

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SOURCE AAA Research Reports

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