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Carrizo Oil & Gas Shares Down 13.3% Since SmarTrend's Sell Call (CRZO)

Written on Mon, 12/31/2012 - 11:16am
By James Quinn

SmarTrend identified a Downtrend for Carrizo Oil & Gas (NASDAQ:CRZO) on November 7th, 2012 at $23.83. In approximately 2 months, Carrizo Oil & Gas has returned 13.33% as of today's recent price of $20.65.

Over the past year, Carrizo Oil & Gas has traded in a range of $19.03 to $31.62 and is now at $20.65, 9% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.3%.

Carrizo Oil & Gas, Inc. explores for and produces natural gas and crude oil. The Company develops and exploits onshore properties along the Texas and Louisiana Gulf Coast regions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Carrizo Oil & Gas.

Log in and add Carrizo Oil & Gas (CRZO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights carrizo oil & gas

Ticker(s): CRZO

Contact James Quinn



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