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Gulfport Energy Bearish Moving Average Crossover Alert (GPOR)

By Shiri Gupta

Gulfport Energy (NASDAQ:GPOR) shares have crossed bearishly below their 10-day moving average of $10.93 on a volume of 745K 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.

Gulfport Energy share prices have moved between a 52-week high of $34.26 and a 52-week low of $8.11 and are now trading 32% above that low price at $10.71 per share. The 200-day and 50-day moving averages have moved 0.15% lower and 0% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Gulfport Energy and will alert subscribers who have GPOR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses gulfport energy

Ticker(s): GPOR