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Uptrend Call Working As Gran Tierra Energy Stock Rises 24.5% (GTE)

By Amy Schwartz

SmarTrend identified an Uptrend for Gran Tierra Energy (AMEX:GTE) on July 22nd, 2013 at $6.32. In approximately 4 months, Gran Tierra Energy has returned 24.47% as of today's recent price of $7.86.

In the past 52 weeks, Gran Tierra Energy share prices have been bracketed by a low of $4.84 and a high of $8.00 and are now at $7.86, 62% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

Gran Tierra Energy, Inc. is an international oil and gas exploration and production company. The Company currently holds interests in producing and prospective properties in Colombia, Argentina and Peru.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Gran Tierra Energy shares.

Log in and add Gran Tierra Energy (GTE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:gte gran tierra energy

Ticker(s): GTE