RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GPOR
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Gulfport Energy Corporation stock price ended at $159.88 on Wednesday, after gaining 1.58%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 13, 2024 Gain 9.60% PDF

The Gulfport Energy Corporation stock price gained 1.58% on the last trading day (Wednesday, 27th Mar 2024), rising from $157.39 to $159.88. During the last trading day the stock fluctuated 3.30% from a day low at $155.01 to a day high of $160.12. The price has risen in 7 of the last 10 days and is up by 9.6% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 25 thousand more shares were traded than the day before. In total, 203 thousand shares were bought and sold for approximately $32.48 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $162.44 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 25.91% during the next 3 months and, with a 90% probability hold a price between $178.28 and $204.53 at the end of this 3-month period.

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GPOR Signals & Forecast

The Gulfport Energy Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $158.59 and $143.58. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.231%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Gulfport Energy Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $150.14 and $142.72. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Gulfport Energy Corporation finds support just below today's level at $150.14. If this is broken, then the next support from accumulated volume will be at $142.72 and $141.99.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.11 between high and low, or 3.30%. For the last week, the stock has had daily average volatility of 2.58%.

Our recommended stop-loss: $154.17 (-3.57%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (GPOR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Gulfport Energy Corporation to open at $158.34, and during the day (based on 14 day Average True Range), to move between $155.92 and $163.84, which gives a possible trading interval of +/-$3.96 (+/-2.48%) up or down from last closing price. If Gulfport Energy Corporation takes out the full calculated possible swing range there will be an estimated 4.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $160.25 (0.23%) than the support at $150.14 (6.09%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Gulfport Energy Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Gulfport Energy Corporation stock to perform well in the short-term.

Current score: 2.876 Buy Candidate Unchanged

Predicted Opening Price for Gulfport Energy Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$158.34 ( 0.97%) $159.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GPOR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 163.45 2.23 %
R2 161.49 1.01 %
R1 160.29 0.256 %
Current price: 159.88
Support S1 156.38 -2.19 %
S2 155.18 -2.94 %
S3 153.23 -4.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 160.25 0.231 %
Current price 159.88
Support S1 150.14 -6.09%
S2 142.72 -10.73%
S3 141.99 -11.19%

FAQ

What is the symbol for Gulfport Energy Corporation Stock and on which exchange is it traded?
The symbol for Gulfport Energy Corporation is GPOR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Gulfport Energy Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Gulfport Energy Corporation stock to perform well in the short-term.

How to buy Gulfport Energy Corporation Stock?
Gulfport Energy Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Gulfport Energy Corporation Stock.

What's the current price of Gulfport Energy Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Gulfport Energy Corporation (GPOR) share was $159.88.

What is the 52-week high and low for Gulfport Energy Corporation Stock?
The 52-week high for Gulfport Energy Corporation Stock is $161.64 and the 52-week low is $75.69.

What is the market capitalization of Gulfport Energy Corporation Stock?
As of the 2024-03-27, the market capitalization of Gulfport Energy Corporation is 2.863B.

When is the next earnings date for Gulfport Energy Corporation?
The upcoming earnings date for Gulfport Energy Corporation is May 07, 2024.
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About Gulfport Energy Corporation

Gulfport Energy Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens. As of December 31, 20... GPOR Profile

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