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Downtrend Call Working As Oasis Petroleum Stock Falls 45.7% (OAS)

By James Quinn

SmarTrend identified a Downtrend for Oasis Petroleum (NYSE:OAS) on February 7th, 2017 at $13.52. In approximately 7 months, Oasis Petroleum has returned 45.69% as of today's recent price of $7.34.

In the past 52 weeks, Oasis Petroleum share prices have been bracketed by a low of $6.56 and a high of $17.08 and are now at $7.34, 12% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.3% while the 200-day MA has slid 0.6%.

Oasis Petroleum Inc. operates as an oil and gas exploration company. The Company acquires, explores, produces, and supplies petroleum products. Whiting Petroleum serves customers in 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 Oasis Petroleum.

Log in and add Oasis Petroleum (OAS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights oasis petroleum

Ticker(s): OAS