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TMCNet:  Fairfax Financial Holdings Shares Down 11.2% Since SmarTrend's Sell Call (FRFHF)

[January 02, 2013]

Fairfax Financial Holdings Shares Down 11.2% Since SmarTrend's Sell Call (FRFHF)

Jan 02, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Fairfax Financial Holdings (NYSE:FRFHF) on January 20th, 2012 at $413.68. In approximately 12 months, Fairfax Financial Holdings has returned 11.22% as of today's recent price of $367.25.

Fairfax Financial Holdings share prices have moved between a 52-week high of $482.02 and a 52-week low of $336.66 and are now trading 9% above that low price at $367.25 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

Fairfax Financial Holdings Limited is a financial services holding company. The Company's subsidiaries conduct operations in property and casualty insurance and reinsurance. Fairfax also provides investment management and insurance claims management services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Fairfax Financial Holdings.

Log in and add Fairfax Financial Holdings (FRFHF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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