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Newfield Exploration Down 21.5% Since SmarTrend Downtrend Call (NFX)
[November 22, 2012]

Newfield Exploration Down 21.5% Since SmarTrend Downtrend Call (NFX)

Nov 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Newfield Exploration (NYSE:NFX) on October 24th, 2012 at $30.56. In approximately 4 weeks, Newfield Exploration has returned 21.52% as of today's recent price of $23.98.

In the past 52 weeks, shares of Newfield Exploration have traded between a low of $23.71 and a high of $47.40 and are now at $23.98, which is 1% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1%.

Newfield Exploration Company is an independent oil and gas company which explores, develops, and acquires oil and natural gas properties. The Company operates in the Gulf of Mexico, in the onshore United States Gulf Coast, within the North Sea, within Malaysia, and in the Bohai Bay in China.


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

Log in and add Newfield Exploration (NFX) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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