• Return to Headlines

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

By Amy Schwartz

Today, shares of Carrizo Oil&Gas (NASDAQ:CRZO) have crossed bearishly below their 10-day moving average of $11.92 on a volume of 578K shares. Swing traders may find 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 $9.67 and a high of $31.57 and are now at $11.77, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has remained constant.

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