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16.9% Return Seen to Date on SmarTrend Unit Corp Call (UNT)

Feb 14, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Unit Corp (NYSE:UNT) on January 30th, 2018 at $24.27. In approximately 2 weeks, Unit Corp has returned 16.93% as of today's recent price of $20.16.

In the past 52 weeks, shares of Unit Corp have traded between a low of $11.06 and a high of $30.63 and are now at $20.16, which is 82% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.8% while the 50-day MA has advanced 4.6%.

Unit Corporation, through its subsidiaries, contracts to drill onshore oil and natural gas wells, as well as develops, acquires, and produces oil and natural gas properties. The Company's operations are located primarily in the Anadarko and Arkoma Basins, as well as the south Texas and Permian Basins. Unit also has producing properties in other states and Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Unit Corp.

Log in and add Unit Corp (UNT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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