• Return to Headlines

Bullish Moving Average Cross by Carrizo Oil&Gas (CRZO)

By David Diaz

Carrizo Oil&Gas (NASDAQ:CRZO) shares have crossed bullishly above their 10-day moving average of $12.77 on a volume of 963K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Carrizo Oil&Gas has traded in a range of $9.67 to $31.57 and is now at $12.94, 34% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 1.6%.

SmarTrend is monitoring the recent change of momentum in Carrizo Oil&Gas. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Carrizo Oil&Gas in search of a potential trend change.

Keywords: moving crosses carrizo oil&gas

Ticker(s): CRZO