SmarTrend identified a Downtrend for Whiting USA Trust I (NYSE:WHX) on August 24th, 2011 at $15.39. In approximately 15 months, Whiting USA Trust I has returned 65.69% as of today's recent price of $5.28.

In the past 52 weeks, Whiting USA Trust I share prices have been bracketed by a low of $5.11 and a high of $19.15 and are now at $5.28, 3% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1.4%.

Whiting USA Trust I owns interests in oil and natural gas producing properties. The Company's properties are located primarily in the Rocky Mountains, Mid-Continent, Permian Basin and Gulf Coast regions of the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Whiting USA Trust I.

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