Gulfport Energy Technical Analysis (NASDAQ:GPOR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Gulfport Energy stock price data and volume are plotted in GPOR stock charts and these trading charts form the basis of technical analysis.
See Gulfport Energy bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Gulfport Energy stock analysis.
Gulfport Energy Moving Average
Moving averages show the GPOR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Gulfport Energy are mostly signals of long term trends and will help long term traders.
Gulfport Energy Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the GPOR stock. Gulfport Energy bollinger bands show that the stock price is $11.1, upper band is 12.11, lower band is 10.99, and the average is 11.55.
Gulfport Energy Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Gulfport Energy MACD indicator is below 0 indicating a bearish trend.
Gulfport Energy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of GPOR stock is 36.76.