Daily Stock Setups

Petroleum Development (PETD) Bullish Technical Alert - Trend Up 20.3%

Posted on: Tue, 27 Oct 2009 17:57:00 EDT

Symbols: PETD

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Oct 27, 2009 (SmarTrend(R) Spotlight via COMTEX) --
PETD | Quote | Chart | News | PowerRating -- Petroleum Development (NASDAQ:PETD) is trading 4.2% higher (up $0.76 to $18.90) today on volume of 135,039 shares. The stock has traded within a 52-week range of $9.39 and $27.98.

Petroleum Development is currently above its 50-day moving average of $16.95 and above its 200-day moving average of $15.96.

SmarTrend is bullish on shares of PETD and our subscribers received an Uptrend alert on September 11, 2009 at $15.71, which has returned 20.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Petroleum Development Corp (PETD) PETD. Petroleum Development Corp (PETD) has Short Term PowerRatings at TradingMarkets. Details on Petroleum Development Corp (PETD) Short Term PowerRatings is available at This Link.

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