GULFPORT ENERGY CORP (GPOR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPOR - US4026355028 - Common Stock
Taking everything into account, GPOR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GPOR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, GPOR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
155.21
We found 6 important support areas.
- A support zone ranging from 212.11 to 216.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @203.46 from a horizontal line in the daily time frame.
- A support zone ranging from 193.78 to 197.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 174.38 to 175.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 165.48 to 166.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 156.78 to 159.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @217.50 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for GPOR is up. |
| ChartMill Relative Strength | 86.67 | POSITIVE | GPOR has a high relative strength, it outperformed 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPOR is above the rising 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) | 61.64 | NEUTRAL | The RSI value for GPOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests GPOR has a negative trend. |
| Stochastics (14,3) | 64.06 | NEUTRAL | The Stochastics value for GPOR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for GPOR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.39 | POSITIVE | The high ADX value value for GPOR suggests a strong 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 |
|---|---|---|---|
| 217.51 | 212.10 | 5.41 (2.49%) | 25.00% |
| An entry @217.51. This is a Buy Stop order right above the resistance zone. | An exit @212.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.41 points, which is 2.49%. | For a 0.62% 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.
216.57
-0.07 (-0.03%)
GULFPORT ENERGY CORP / GPOR FAQ
What is the ChartMill technical rating of GULFPORT ENERGY CORP (GPOR) stock?
ChartMill assigns a technical rating of 9 / 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 61.6421. 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 -0.393036, 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 positive.