GULFPORT ENERGY CORP (GPOR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPOR - US4026355028 - Common Stock
We assign a technical rating of 7 out of 10 to GPOR. In the last year, GPOR was one of the better performers, but we do observe some doubts in the very recent evolution.
Although GPOR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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155.88
When analyzing the support we can see 5 important areas.
- A support zone ranging from 198.69 to 201.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 175.07 to 175.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @168.69 from a trend line in the daily time frame.
- Support @165.48 from a horizontal line in the daily time frame.
- Support @157.45 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GPOR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPOR is down. |
| ChartMill Relative Strength | 84.39 | POSITIVE | GPOR has a high relative strength, it outperformed 84.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPOR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.75 | NEUTRAL | The RSI value for GPOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.28 | NEGATIVE | The MACD value suggests GPOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.26 | OVERSOLD | The low Stochastics value suggests GPOR may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for GPOR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for GPOR suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 204.42 | 198.68 | 5.73 (2.81%) | 25.00% |
| An entry @204.41. This is a Buy Stop order right above the 10 day moving average. | An exit @198.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.73 points, which is 2.81%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GPOR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
201.26
+1.94 (+0.97%)
GULFPORT ENERGY CORP / GPOR FAQ
What is the ChartMill technical rating of GULFPORT ENERGY CORP (GPOR) stock?
ChartMill assigns a technical rating of 7 / 10 to GPOR.
What is the current trend direction of GULFPORT ENERGY CORP (GPOR) stock?
The current trend direction for GULFPORT ENERGY CORP (GPOR) is Bullish.
What is the RSI signal for GPOR stock?
GULFPORT ENERGY CORP (GPOR) has an RSI value of 44.7487. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GULFPORT ENERGY CORP?
The MACD indicator for GULFPORT ENERGY CORP (GPOR) has a value of -2.27638, indicating a bearish trend.
Can you provide the short term momentum for GULFPORT ENERGY CORP?
The short term momentum for GULFPORT ENERGY CORP (GPOR) is negative.