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

By David Diaz

Today, shares of Carrizo Oil&Gas (NASDAQ:CRZO) have fallen below their 10-day MA of $7.90 on a volume of 633K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Carrizo Oil&Gas have traded between a low of $7.17 and a high of $20.51 and are now at $7.38, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.64% lower and 0.21% lower 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