Technical Dossier: Canadian Natural Resources, Forest Oil, Quicksilver Resources, and EXCO Resources PR Newswire LONDON, December 11, 2013 LONDON, December 11, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Tuesday, December 10, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,802.62, down 0.32%; the Dow Jones Industrial Average closed at 15,973.13, down 0.33%; and the NASDAQ Composite finished at 4,060.49, down 0.20%. The S&P 500 Energy Sector Index closed the session 0.27% lower at 631.75; and the S&P 500 Oil, Gas and Consumable Fuels Industry Index edged 0.10% lower to close at $646.58. The S&P 500 Oil, Gas and Consumable Fuels Industry Index has gained 4.56% in the previous three months, underperforming the S&P 500, which has gained 7.04% during the same period. The major movers in the industry included Canadian Natural Resources Ltd (NYSE: CNQ), Forest Oil Corp. (NYSE: FST), Quicksilver Resources Inc. (NYSE: KWK), and EXCO Resources Inc. (NYSE: XCO). All these companies are tracked by AAAResearchReports.com. Free technical research on CNQ, FST, KWK, and XCO can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Canadian Natural Resources Ltd's stock rose 1.51% on Tuesday, even as the broader market edged lower. The company's shares ended the day at $33.03, after oscillating between $32.49 and $33.19 during the trading session. A total of 2.89 million shares were traded, which is above the daily average volume of 2.19 million. The company's shares have gained 4.69% in the last one month and 2.74% in the previous three trading sessions, compared to a gain of 1.81% and 0.99% in the S&P 500 during the respective periods. Moreover, Canadian Natural Resources Ltd's stock is trading near its 52-week high of $33.79 and also above its 50-day and 200-day moving averages of $31.94 and $30.87, respectively. Sign up and read the complimentary report on CNQ at: http://www.AAAResearchReports.com/CNQ121113.pdf Shares in Forest Oil Corp.'s stock plummeted on Tuesday, finishing the day 3.13% lower at$3.71, after fluctuating between$3.68 and $3.92 during the trading session. A total of 3.35 million shares were traded, which is below the daily average volume of 4.68 million. The company's shares have declined 6.08% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.99% during the same period. Additionally, Forest Oil Corp.'s stock is trading below its 50-day and 200-day moving averages of $4.83 and $5.00, respectively. The free report on FST can be downloaded by signing up now at: http://www.AAAResearchReports.com/FST121113.pdf Quicksilver Resources Inc.'s stock declined on Tuesday, tracking losses in the broader market. The company's shares finished the day at $2.96, down 3.27%, after oscillating between $2.94 and $3.09 during the trading session. A total of 1.81 million shares were traded, which is below the daily average volume of 2.99 million. Despite Tuesday's pullback, the company's shares have rallied 68.18% in the previous three months and 25.96% in the last one month, outperforming the S&P 500, which has advanced 7.04% and 1.81% during the respective periods. Furthermore, Quicksilver Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.51 and $2.16, respectively. A free report on KWK can be accessed by registering at: http://www.AAAResearchReports.com/KWK121113.pdf On Tuesday, EXCO Resources Inc.'s stock closed the day at $5.03, down 2.52% from the previous day's closing price of $5.16. The company's shares vacillated between $4.95 and $5.22 during the trading session. A total of 3.71 million shares were traded, which is below the daily average volume of 4.20 million. The company's shares have lost 1.57% in the previous three trading sessions, underperforming the S&P 500, which has advanced 0.99% during the same period. Further, EXCO Resources Inc.'s stock is trading below its 50-day and 200-day moving averages of $5.95 and $7.20, respectively. Register with AAA Research Reports and download research on XCO for free at: http://www.AAAResearchReports.com/XCO121113.pdf EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to making mistakes. 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Technical Dossier: Canadian Natural Resources, Forest Oil, Quicksilver Resources, and EXCO Resources
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