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Carrizo Oil & Gas Bearish Moving Average Crossover Alert (CRZO)

By Nick Russo

Today, shares of Carrizo Oil & Gas (NASDAQ:CRZO) have crossed bearishly below their 10-day moving average of $35.74 on a volume of 200K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Carrizo Oil & Gas share prices have moved between a 52-week high of $56.26 and a 52-week low of $16.10 and are now trading 118% above that low price at $35.15 per share. The 200-day and 50-day moving averages have moved 0.36% lower and 3.22% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Carrizo Oil & Gas and will alert subscribers who have CRZO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses carrizo oil & gas

Ticker(s): CRZO