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Shares of QEP Up 51.8% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Qep Resources In (NYSE:QEP) on February 16th, 2018 at $8.57. In approximately 3 months, Qep Resources In has returned 51.78% as of today's recent price of $13.00.

Over the past year, Qep Resources In has traded in a range of $7.02 to $21.12 and is now at $13.00, 85% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 4.2%.

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 shifts in the trajectory of Qep Resources In shares.

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