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Shares of FST Down 14.6% Since Downtrend Call on SharesDec 14, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Forest Oil (NYSE:FST) on November 1st, 2012 at $7.55. In approximately 1 month, Forest Oil has returned 14.65% as of today's recent price of $6.44. In the past 52 weeks, Forest Oil share prices have been bracketed by a low of $5.68 and a high of $16.53 and are now at $6.42, 13% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.3%. Forest Oil Corporation is involved in the acquisition, exploration, development, production, and marketing of natural gas and crude oil in North American and international locations. The Company's principal reserves and producing properties are located in the United States, including Alaska, the Gulf of Mexico, Louisiana, Oklahoma, Texas, and Wyoming, and in Canada. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Forest Oil. Log in and add Forest Oil (FST) 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 [email protected] --------------------------------------------------------------------------------------------- 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 |