Country Icon

Warren Resources, Inc. (WRES) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Wed, 29 Oct 2014NoneBearish EngulfingWed, 22 Oct 20149.23%
***Stock database and scans are updated around midnight (New York time) every trading day.
3.55 0.07 (1.97%) Oct 29 4:00pm EDT
Open: 3.52 Range: 3.49 - 3.76 Vol: 1.59M Avg Vol: 1.3M
EPS: 0.51 P/E ratio: 6.82 EBITDA: 74.9M Mkt Cap: 262.3M
Analyze "WRES" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 3.43
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 3.78
Last Trade is below the 50 day moving average at 5.10
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 4.93
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of WRES

Stock Trend Analysis - Buy, Sell or Hold "Warren Resources, Inc." (WRES)?

Although WRES is currently trading below its 200 day moving average, it is prudent to note that in the last 52 weeks, WRES has been trading above the 200 day moving average for 93% of the time with an average daily volume of 1.3M shares changing hands. This could portend a sustained reversal in trend, or just a slight bump in the road prior to resuming its bullish bias.The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is however displaying a very bearish bias. WRES may be due for an oversold bounce, but objectively, as long as WRES is trading below its 200 SMA, rallies will be sold into. Technically there are too many uncertainties to recommend a buy on this stock at this moment. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "WRES".

The analyst consensus estimates for the 1 year price target for this stock is $6.13* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Wed, 29 Oct 2014
Energy Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
CMICummins Inc.Buy, Sell or HoldTrading Levels & Pivots
WLBWestmoreland Coal CompanyBuy, Sell or HoldTrading Levels & Pivots
CAECAE IncBuy, Sell or HoldTrading Levels & Pivots
GLPGlobal Partners LPBuy, Sell or HoldTrading Levels & Pivots
SPBSpectrum Brands Holdings, Inc.Buy, Sell or HoldTrading Levels & Pivots
MGEEMGE Energy Inc.Buy, Sell or HoldTrading Levels & Pivots
HOLIHollysys Automation Technologies, Ltd.Buy, Sell or HoldTrading Levels & Pivots
PTRPetroChina Company LimitedBuy, Sell or HoldTrading Levels & Pivots
GBGreatbatch, Inc.Buy, Sell or HoldTrading Levels & Pivots
EEPEnbridge Energy, L.P.Buy, Sell or HoldTrading Levels & Pivots