Exterran - 52 Week High

Published on Friday, 28 September 2012 12:34 Written by TradersHuddle Wire

New York, September 28th (TradersHuddle.com) - Shares of Exterran Holdings Inc. (NYSE:EXH) booked a new 52 week high today by trading above $20.39, traders are definitely monitoring Exterran's price action to see if this move attracts further buying into the stock.

Exterran Holdings Inc. (NYSE:EXH), through its subsidiaries, provides natural gas compression services as well as provides service, fabrication and equipment for oil and natural gas production, processing and transportation applications.

Exterran is currently trading -0.39% versus its previous trading session close, and it has calculated support and resistance at $18.72 and $20.00 respectively. Clearly, with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range.

The overall market index S&P 500 is trading lower by -0.38% from its previous trading close, which means that Exterran stock is underperforming the overall market.