KUALA LUMPUR (Jan 24): The 50-day moving average of Hibiscus Petroleum Bhd shares fell below their 200-day moving average.

* Since July 2011, Hibiscus Petroleum formed a death cross four times and rose an average 13 percent in the next 20 days.

It advanced once for a gain of 52 percent, and declined twice for an average loss of 5.9 percent.

* Other technical indicators are mixed. The relative strength index (RSI) is neither overbought nor oversold, and the moving average convergence divergence (MACD) indicates an upward trend.