Oil and Gas Equipment and Services Stocks Technical Review -- Research on Schlumberger, Key Energy Services, McDermott Intl., and National Oilwell Varco

LONDON, June 24, 2014 /PRNewswire/ --

On Monday, June 23, 2014, the NASDAQ Composite ended at 4,368.68, up 0.01%, the Dow Jones Industrial Average finished the session at 16,937.26, down 0.06% and the S&P 500 closed at 1,962.61, down 0.01%. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 737.09, up 0.40%, and the index has surged 15.72% in the previous three months. Investor-Edge has initiated coverage on the following equities: Schlumberger Ltd (NYSE: SLB), Key Energy Services Inc. (NYSE: KEG), McDermott International Inc. (NYSE: MDR) and National Oilwell Varco Inc. (NYSE: NOV). Free technical research on SLB, KEG, MDR and NOV can be downloaded upon signing up at:

http://www.investor-edge.com/4118-register

On Monday, shares in Schlumberger Ltd edged 0.06% higher, closing the session at $108.90. A total of 4.28 million shares were traded, which was near its three months average volume of 5.56 million shares. The stock moved between $108.42 and $109.42 during the session. Schlumberger Ltd's stock has advanced 1.70% in the previous three trading sessions and 7.41% in the last one month. Moreover, the company's shares have gained 20.85% from the beginning of 2014. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $102.48 is above its 200-day moving average of $93.40. Further, Schlumberger Ltd's stock traded at a PE ratio of 21.79 and has a Relative Strength Index (RSI) of 72.11. Sign up today to read free research on SLB at:

http://www.investor-edge.com/4118-SLB-24Jun2014.pdf

Shares in Key Energy Services Inc. declined 1.12% on Monday, closing the day at $8.82. The stock recorded a trading volume of 2.13 million shares, near its three months average volume of 2.64 million shares. The company's stock oscillated between $8.72 and $8.94 during the session. Shares in Key Energy Services Inc. have gained 8.75% in the last one month and 11.65% since the start of this year. However, the company's shares have declined 1.01% in the previous three trading sessions. Key Energy Services Inc.'s shares are trading below their 50-day moving average. The stock's 50-day moving average of $8.85 is above its 200-day moving average of $8.18. Furthermore, the company's stock has an RSI of 63.26. Sign up today to read free research on KEG at:

http://www.investor-edge.com/4118-KEG-24Jun2014.pdf

McDermott International Inc.'s stock recorded a trading volume of 3.28 million shares, below its three months average volume of 5.26 million shares. On Monday, the stock finished the day at $8.20, which was 0.36% lower its previous day's closing of $8.23, and registered an intraday range of $8.12 and $8.27. Shares in McDermott International Inc. have fallen by 1.80% in the previous three trading sessions and 10.48% on YTD basis, while the shares have advanced 15.98% in the last one month. Shares in McDermott International Inc. are trading above their 50-day and 200-day moving averages of $7.27 and $7.79, respectively. Moreover, the company's stock has an RSI of 71.22. Sign up today to read free research on MDR at:

http://www.investor-edge.com/4118-MDR-24Jun2014.pdf

On Monday, shares in National Oilwell Varco Inc. fluctuated between $79.56 and $80.50 before ending the session 0.99% higher at $80.37, hitting a new 52-week high of $80.50. The company's stock reported a trading volume of 2.47 million shares, which was below its three months average volume of 3.54 million shares. Over the previous three trading sessions and in the last one month, National Oilwell Varco Inc.'s stock has gained 3.08% and 8.89%, respectively. Moreover, the company's stock is up 12.13% on YTD basis. National Oilwell Varco Inc.'s stock is trading above its 50-day and 200-day moving averages of $74.21 and $71.56, respectively. Additionally, the company's shares have an RSI of 73.54. Sign up today to read free research on NOV at:

http://www.investor-edge.com/4118-NOV-24Jun2014.pdf

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EDITOR'S NOTES:
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