Furmanite Corp. (FRM) goes negative by breaking below intraday moving average 2012/10/05 14:50

The intraday price for Furmanite Corp. has moved below its 200 period 30 minute moving average of 5.79. FRM is around 5.65 bucks now. Furmanite Corp. has a positive trend.

The price is above the trend line, which is about $5.63.

Other stocks to watch – these have a positive correlation with Furmanite Corp.:

Quantum Corp. (QTM) with a correlation of 99.98%

Rockwood Holdings (ROC) with a correlation of 99.96%

Spartech Corp. (SEH) with a correlation of 99.98%

Thermon Group Holdings Inc. (THR) with a correlation of 99.98%

Weatherford International Ltd (WFT) with a correlation of 99.97%

For the math geeks and quants – the most recent Slope: 0.16 Intercept: 5.63 close: 5.65