GULFPORT ENERGY CORP (GPOR)

US4026355028 - Common Stock

158.22  +3.13 (+2.02%)

After market: 158.22 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to GPOR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

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.
Looking at the yearly performance, GPOR did better than 90% of all other stocks. We also observe that the gains produced by GPOR over the past year are nicely spread over this period.
GPOR is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. GPOR outperforms 83% of them.
GPOR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GPOR is lagging the market slightly.
In the last month GPOR has a been trading in the 147.05 - 165.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GPOR Weekly chart
GPOR Daily chart
Setup Rating and Analysis

8

GPOR has an excellent technical rating and also presents 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 160.25. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

121.53

166.41

7 important support areas can be observed.

  • A support zone ranging from 155.25 to 156.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 151.57 to 152.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 147.70 to 147.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @144.41 from a trend line in the weekly time frame.
  • Support @138.06 from a trend line in the weekly time frame.
  • Support @130.85 from a trend line in the daily time frame.
  • Support @122.76 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @160.25 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 163.29 to 164.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.68
Mansfield0.92
10 Day High160.8
10 Day Low147.07
20 Day High165.19
20 Day Low147.05
52 Week High165.19
52 Week Low93.67
Performance
1 Week-0.09%
2 Weeks7.12%
1 Month-3.1%
3 Month12.57%
6 Month18.85%
12 Month59.22%
2 Year63.53%
3 Year153.15%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)54.12
LBB148.02
UBB162.09
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.

ENTRYEXITDISTANCECAPITAL
160.26155.245.02 (3.13%)25.00%
An entry @160.26. This is a Buy Stop order right above the resistance zone.An exit @155.24. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 5.02 points, which is 3.13%.For a 0.78% 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.
GPOR Daily chart

GULFPORT ENERGY CORP

NYSE:GPOR (5/24/2024, 7:04:00 PM)

After market: 158.22 0 (0%)

158.22

+3.13 (+2.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.02%
1 Week-0.09%
2 Weeks7.12%
1 Month-3.1%
3 Month12.57%
6 Month18.85%
12 Month59.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.28
ATR(20)%2.92%
ATR Inc
Range Today4.66
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High160.8
10 Day Low147.07
20 Day High165.19
20 Day Low147.05
52 Week High165.19
52 Week Low93.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume242.70K
Volume Incr-2.09%
Vol(5)235.26K
Vol(50)243.61K