GULFPORT ENERGY CORP (GPOR) Technical Analysis
NYSE:GPOR • US4026355028
Current stock price
GPOR Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to GPOR. In the last year, GPOR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- GPOR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 74% are performing better than GPOR.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- GPOR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GPOR is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, GPOR outperforms 66% of them, which is more or less in line with the market.
- In the last month GPOR has a been trading in the 190.00 - 220.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPOR Weekly and Daily overview Charts
GPOR Setup Rating and Analysis
GPOR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 214.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 204.82, a Stop Loss order could be placed below this zone.
More info and screens
GPOR Support and Resistance Analysis
168.31
6 important support areas can be observed.
- A support zone ranging from 203.10 to 204.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 196.63 to 196.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @190.05 from a horizontal line in the daily time frame.
- A support zone ranging from 179.95 to 181.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 175.07 to 175.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @170.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @214.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 222.49 to 222.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
GPOR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for GPOR is neutral. |
| ChartMill Relative Strength | 66 | NEUTRAL | GPOR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GPOR is above 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) | 51.28 | NEUTRAL | The RSI value for GPOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests GPOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.64 | NEUTRAL | The Stochastics value for GPOR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for GPOR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.31 | NEGATIVE | The low ADX value for GPOR suggests a weak or negative trend. |
GPOR Chart- and CandleStick Pattern Analysis
GPOR Example Setup
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 |
|---|---|---|---|
| 214.56 | 203.09 | 11.47 (5.35%) | 18.71% |
| An entry @214.56. This is a Buy Stop order right above the resistance zone. | An exit @203.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.47 points, which is 5.35%. | For a 1.00% total portfolio risk, you can invest 18.71% 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.
GPOR Technicals: Chart, Performance Metrics, Trend & Indicators
207
-2.49 (-1.19%)
GULFPORT ENERGY CORP / GPOR TA FAQ
What is the ChartMill technical rating of GULFPORT ENERGY CORP (GPOR) stock?
ChartMill assigns a technical rating of 6 / 10 to GPOR.
Can you provide the trend direction for GULFPORT ENERGY CORP?
The current trend direction for GULFPORT ENERGY CORP (GPOR) is Bullish.
What is the RSI signal for GULFPORT ENERGY CORP (GPOR) stock?
GULFPORT ENERGY CORP (GPOR) has an RSI value of 51.2803. This indicates that the stock is currently neutral.
What is the MACD signal for GPOR stock?
The MACD indicator for GULFPORT ENERGY CORP (GPOR) has a value of 0.321448, indicating a bearish trend.
What are the support and resistance levels for GULFPORT ENERGY CORP (GPOR) stock?
GULFPORT ENERGY CORP (GPOR) has a support level at 204.82 and a resistance level at 214.55. Check the full technical report for our detailed analysis of GPOR support and resistance levels.