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Carrizo Oil & Gas Crosses Above its 10-day MA (CRZO)

By Nick Russo

Today, shares of Carrizo Oil & Gas (NASDAQ:CRZO) have advanced above their 10-day MA of $35.07 on a volume of 303K 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 $16.10 to $56.26 and is now at $36.13, 124% above that low. The 200-day and 50-day moving averages have moved 0.36% lower and 3.22% higher over the past week, respectively.

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