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 upgraded from Sell Candidate to Buy Candidate after Friday trading session.
(Updated on Jul 19, 2024)

Buy candidate since Jul 19, 2024 PDF

The Gulfport Energy Corporation stock price gained 2.11% on the last trading day (Friday, 19th Jul 2024), rising from $154.65 to $157.92. During the last trading day the stock fluctuated 3.97% from a day low at $152.04 to a day high of $158.08. The price has risen in 6 of the last 10 days and is up by 3.26% over the past 2 weeks. Volume fell on the last day by -57 thousand shares and in total, 158 thousand shares were bought and sold for approximately $24.90 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Gulfport Energy Corporation stock with a 90% probability to be traded between $145.26 and $161.94 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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GPOR Signals & Forecast

Mostly positive signals in the chart today. 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 $157.83 and $156.31. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, July 18, 2024, and so far it has risen 2.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

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

Gulfport Energy Corporation finds support from accumulated volume at $157.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $6.04 between high and low, or 3.97%. For the last week the stock has had daily average volatility of 3.33%.

Our recommended stop-loss: $150.69 (-4.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (GPOR) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Gulfport Energy Corporation to open at $156.01, and during the day (based on 14 day Average True Range), to move between $153.70 and $162.14, which gives a possible trading interval of +/-$4.22 (+/-2.67%) up or down from last closing price. If Gulfport Energy Corporation takes out the full calculated possible swing range there will be an estimated 5.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $157.44 (0.30%) than the resistance at $160.32 (1.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gulfport Energy Corporation stock A Buy?

Several short-term signals 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 period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.463 Buy Candidate Upgraded

Predicted Opening Price for Gulfport Energy Corporation of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$156.01 ( 1.21%) $157.92

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
R3 162.05 2.62%
R2 159.75 1.16%
R1 158.32 0.254%
Price 157.92
S1 153.71 -2.67%
S2 152.28 -3.57%
S3 149.97 -5.03%

Accumulated Volume Support & Resistance Levels

Level Price
R3 164.75 4.32%
R2 161.81 2.46%
R1 160.32 1.52%
Price 157.92
S1 157.44 -0.304%
S2 156.41 -0.96%
S3 155.65 -1.44%

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 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 period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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 Jul 19, 2024, the price of an Gulfport Energy Corporation (GPOR) share was $157.92.

What is the 52-week high and low for Gulfport Energy Corporation Stock?
The 52-week high for Gulfport Energy Corporation Stock is $165.19 and the 52-week low is $98.69.

What is the market capitalization of Gulfport Energy Corporation Stock?
As of the Jul 19, 2024, the market capitalization of Gulfport Energy Corporation is 2.862B.

When is the next earnings date for Gulfport Energy Corporation?
The upcoming earnings date for Gulfport Energy Corporation is Aug 06, 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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