Daily Stock Setups

Frontier Oil (FTO) Bearish Technical Alert - Trend Down 12.7%

Posted on: Fri, 17 Jul 2009 14:01:00 EDT

Symbols: FTO

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Jul 17, 2009 (SmarTrend(R) Spotlight via COMTEX) --
FTO | Quote | Chart | News | PowerRating -- Frontier Oil (NYSE:FTO) is trading 1% lower (down $0.13 to $13.04) today on volume of 1,392,787 shares. The stock has traded within a 52-week range of $7.51 and $23.60.

Frontier Oil is currently below its 50-day moving average of $14.68 and below its 200-day moving average of $13.46.

SmarTrend is bearish on shares of FTO and our subscribers received a Downtrend alert on June 11, 2009 at $14.94, which has returned 12.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Frontier Oil Corp (FTO) FTO. Frontier Oil Corp (FTO) has Short Term PowerRatings at TradingMarkets. Details on Frontier Oil Corp (FTO) Short Term PowerRatings is available at This Link.

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