Technical Scrutiny: Forest Oil Corp., Quicksilver Resources Inc., EXCO Resources Inc., and Canadian Natural Resources Ltd

LONDON, September 30, 2013 /PRNewswire/ --

On Friday, September 27, 2013, all three benchmark indexes of the US equity market closed lower, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.46%, 0.41%, and 0.15%, respectively. Shares in the independent oil and gas industry ended mostly lower, as the broader market declined. The major movers included Forest Oil Corporation (NYSE: FST), Quicksilver Resources Inc. (NYSE: KWK), EXCO Resources Inc. (NYSE: XCO), and Canadian Natural Resources Ltd. (NYSE MKT: CNQ). AAAResearchReports.com has tracked FST, KWK, XCO, and CNQ. These reports can be seen for free at:

http://www.aaaresearchreports.com/register/  

On Friday, Forest Oil Corp.'s stock ended the session 1.43% lower than the previous day's price of $6.30. The company's shares oscillated between $6.14 and $6.34 before closing the day at $6.21. A total of 2.37 million shares were traded, which is below the daily average volume of 3.89 million. Despite Friday's losses, the company's shares have surged 51.83% in the previous three months and 13.74% in the last one month, outperforming the S&P 500 which has gained 5.32% and 3.60% during the respective periods. Additionally, Forest Oil Corp.'s stock is trading above its 50-day and 200-day moving averages of $5.55 and $5.49, respectively. Download free research on FST by signing up now at:

http://www.AAAResearchReports.com/FST093013.pdf

Quicksilver Resources Inc.'s stock rose 0.52% on Friday, extending the gains from the previous trading session. The company's shares closed the day at $1.93 after oscillating between $1.90 and $1.98. A total of 1.13 million shares were traded, which is below the daily average volume of 2.75 million. The company's shares have gained 14.88% in the previous three months and 16.27% in the last one month, compared to a gain of 5.32% and 3.60% in the S&P 500 during the respective periods. Moreover, Quicksilver Resources Inc.'s stock is trading above its 50-day moving average of $1.69. Register for today's free analysis on KWK at:

http://www.AAAResearchReports.com/KWK093013.pdf

Shares in EXCO Resources Inc. fell sharply on Friday, tracking losses in the broader market. The company's shares closed the day 1.16% lower at $6.80 after trading between $6.75 and $6.89. A total of 2.92 million shares were traded, which is above the daily average volume of 2.73 million. The company's shares have declined by 3.13% in the previous three trading sessions, compared to a loss of 0.33% in the S&P 500 during the same period. Further, EXCO Resources Inc.'s stock is trading below its 50-day and 200-day moving averages of $7.63 and $7.40, respectively. A free report on XCO can be accessed by registering at:

http://www.AAAResearchReports.com/XCO093013.pdf

Canadian Natural Resources Ltd's stock edged lower on Friday, as the U.S. equity market ended on negative note. The company's shares vacillated between $31.37 and $31.74 before finishing the day 0.47% lower at $31.48. A total of 0.95 million shares were traded, which is below the daily average volume of 2.07 million. The company's shares have gained 11.39% in the previous three months and 0.90% in the last three trading sessions, compared to a gain of 5.32% and a loss of 0.33% in the S&P 500 during the respective periods. Additionally, Canadian Natural Resources Ltd's stock is trading above its 50-day and 200-day moving averages of $31.14 and $30.35, respectively. Register with AAA Research Reports and download research on CNQ for free at:

http://www.AAAResearchReports.com/CNQ093013.pdf

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