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Gulfport Energy Falling Today on Above-Average Volume (GPOR)

By Nick Russo

Shares of Gulfport Energy are trading down 9.4% to $11.35 today on above average volume. Today's volume of 2.8 million shares tops the average 30-day volume of 2.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Gulfport Energy on October 26th, 2017 by issuing a Downtrend alert when the shares were trading at $13.27. Since that call, shares of Gulfport Energy have fallen 5.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Gulfport Energy have traded between a low of $10.90 and a high of $34.26 and are now at $11.54, which is 6% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.4%.

Keywords: unusual volume gulfport energy

Ticker(s): GPOR