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Qep Resources In Has Returned 59.5% Since SmarTrend Recommendation (QEP)

By Shiri Gupta

SmarTrend identified a Downtrend for Qep Resources In (NYSE:QEP) on January 11th, 2017 at $17.85. In approximately 7 months, Qep Resources In has returned 59.54% as of today's recent price of $7.22.

Over the past year, Qep Resources Inhas traded in a range of $7.14 to $21.12 and are now at $7.22. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.2% while the 200-day MA has risen 0.4%.

QEP Resources Inc. is an independent natural gas and oil exploration and production company. The Company's operations are focused in the Rocky Mountain and Midcontinent regions of the United States. QEP also gathers, compresses, treats, and processes natural gas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Qep Resources In.

Log in and add Qep Resources In (QEP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights qep resources in

Ticker(s): QEP