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Bullish Moving Average Cross by Gulfport Energy (GPOR)

By David Diaz

Today, shares of Gulfport Energy (NASDAQ:GPOR) have advanced above their 10-day MA of $10.73 on a volume of 1.0 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Gulfport Energy has traded in a range of $8.11 to $34.26 and is now at $10.98, 35% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses gulfport energy

Ticker(s): GPOR